Wu said that, according to SoSoValue data, on June 2nd Eastern Time, Bitcoin spot ETFs had a total net outflow of $519 million (continuing 12 days of net outflows); Ethereum spot ETFs had a total net outflow of $90.1481 million (continuing 16 days of net outflows).

BTC-1.82%
ETH-4.31%
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SugarAirdropDream
· 7h ago
Is SoSoValue's statistics accurate? Feels more moderate than the actual situation.
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PeacockSpreadsItsFeathersBut
· 10h ago
This data makes my wallet tighten up, luckily I didn't use leverage.
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AirdropOrganizer
· 11h ago
Net outflow does not mean a market crash; it could be arbitrage funds withdrawing.
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GateUser-aa277334
· 11h ago
519 million + 90 million, this rate of bleeding, undoubtedly a bear market
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WalletEarlyAccessAlarm
· 11h ago
Traditional funds come in, take their cut, and then leave—it's an old script.
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GateUser-f85bc167
· 11h ago
Curious about which day the decline will stop, betting on 21 days?
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NeonIceMelt
· 11h ago
ETF buyers have finally realized that BTC is not a perpetual motion machine.
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StakingDaydream
· 11h ago
ETH is worse off, with net outflows over 16 days, the king of copycats can't keep up the facade.
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DuskStop-LossLine
· 11h ago
For 12 consecutive days, did the institutions collectively run away?
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