ETF Flows! 📈
On April 16, significant outflows were observed across crypto ETFs, highlighting cautious sentiment among institutional investors approximately 2,050 $BTC and 7,620 $ETH were sold.
🔹Bitcoin ETFs recorded $171.1 million in net outflows.
🔹Ethereum ETFs saw $12.1 million in net outflows.
These movements suggest a shift in short-term positioning, possibly driven by macroeconomic factors or profit-taking. It will be interesting to see how the market reacts in the coming days.