Recently, the outflow of funds from Bitcoin and Ethereum ETFs indicates a shift in market trends.
The Bitcoin ETF recorded an outflow of $812 million on August 1, marking the second-largest single-day drop.
The Ethereum ETF also experienced an outflow of $152 million, ending a 20-day streak of inflows, reflecting increased short-term volatility in the market.
Despite this, corporate demand for Ethereum remains strong, with acquisition rates twice that of Bitcoin, enhancing Ethereum's long-term appeal.
Corporate accumulation has reduced market supply and increased scarcity, which could drive prices towards the $4,000 target.
With market volatility intensifying, now is an excellent time to enter the market and seek potential returns! Follow Zhuye to learn more about market trends and professional investment strategies to help you succeed in the future cryptocurrency market!
