ETF fund flows give a reversal signal for Ethereum!

Bitcoin spot ETF has had net outflows for two consecutive days after ending 8 consecutive days of net inflows, with a net outflow of $1.05 yesterday and a net outflow of $127 million the day before yesterday.

Ethereum spot ETF ended 9 consecutive days of net outflows, with a net inflow of $5.84 million yesterday.

The change in ETF fund flows gives a strong and weak reversal signal between Bitcoin and Ethereum to a certain extent.

This reversal also corresponds to the completion of the second test of the ETH/BTC trading pair and the end of the two-week decline.

However, the net inflow of Ethereum ETF is just the beginning, and the net inflow amount is relatively small. The reversal signal given is still relatively weak, and it still needs a net inflow of a larger amount of time and a larger amount to confirm.