Massive fund flows in Ethereum ETFs hint at signs of a market storm!
Yesterday, on December 20, Eastern Time, the total net outflow of Ethereum spot ETFs reached $75.1159 million, amid a wave of “withdrawals.” However, Grayscale and Fidelity ETFs defied the trend and attracted capital!
Details of fund flows
Grayscale Ethereum Trust (ETHE): A net inflow of $7.5055 million in a single day. Despite a historical net outflow still as high as $3.617 billion, yesterday's inflow is undoubtedly a bright signal! Grayscale Mini Trust (ETH): Attracted $8.1047 million, pushing its historical total net inflow to $605 million! Fidelity ETF (FETH): Led the pack with a single-day net inflow of $12.9513 million, with a historical total net inflow reaching $1.405 billion, firmly securing its position as a “capital black hole”!
Brothers, do you understand? A net outflow of $75.1159 million indicates short-term risk aversion in the market, but the crazy capital influx from Grayscale and Fidelity suggests that capital is orderly flowing back into the market! Especially Fidelity's continuous inflow may signal strong bullish sentiment from the main players regarding ETH's future.
Don’t be blinded by short-term fluctuations, Brother Tang teaches you to lock in your targets, advance step by step, and witness the explosion of wealth with a smile! Follow Brother Tang, and he will guide you from confusion to freedom!
