📉 Ethereum ($ETH ) ETFs See First Outflows in 19 Days
And ETH Open Interest Drops 19%
Outflows Begin: After 18 straight days of inflows, Ethereum ETFs just saw net outflows, signaling potential cooling of institutional sentiment.
Open Interest Falls: $ETH futures open interest plunged 19%, suggesting traders are winding down leveraged positions.
Market Sentiment Shift: This combo of ETF outflows and declining OI often hints at short-term consolidation or uncertainty.
📊 What to Watch:
Will this ETF outflow trend continue or rebound?
$ETH price holding key support levels could still keep the bullish structure intact.
Macroeconomic factors and ETF approval delays may play a role.
