Ether ETF Bleed: $505M Exodus Sparks Cooling Enthusiasm in 4-Day Slide
Ethereum's ETF momentum hits a wall as institutional products hemorrhage half a billion in just four trading sessions.
The great unwind
Massive outflows suggest traders are taking profits after ETH's recent run-up—because nothing says 'conviction' like dumping at the first sign of turbulence. The $505 million exit paints a clear picture: weak hands are folding while the smart money waits for clearer signals.
Not your keys, not your coins—but also not your problem when Wall Street's paper ETH gets liquidated. The irony of traditional finance products bleeding while decentralized ETH holders remain steadfast shouldn't be lost on anyone watching this space.
This isn't a collapse—it's a healthy pullback in a market that got ahead of itself. The real test comes next week: whether this slide continues or buyers step back in to defend key levels.