๐ ETF Fund Flows on June 3: Institutions Selling Bitcoin and Accumulating Ethereum!
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๐ Bitcoin ($BTC):
โช๏ธ Approximately 3,540 BTC were sold
โช๏ธ However, ETF funds experienced net inflows of $375.1 million
๐ This indicates that institutional buying outweighed open market selling.
๐ Ethereum ($ETH):
โช๏ธ 42,010 ETH were purchased
โช๏ธ With net inflows of $109.5 million for Ethereum funds
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๐ฅ What can we conclude?
โช๏ธ Institutions continue to pump money into Bitcoin despite selling
โช๏ธ The increasing interest in Ethereum reflects growing confidence following the launch of ETF funds
โช๏ธ Both assets are experiencing strong institutional movement despite market volatility
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๐ง Do you think institutions are leading the market towards a new bull wave?
Share your opinion in the comments ๐
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