#加密市场动态 This Bitcoin ETF really is a double-edged sword! It looks like the outflow of funds has poured cold water on the market again. Data shows that $3.5 billion has already been withdrawn in November, almost a record. Citi also analyzed that for every $1 billion outflow, the coin price drops by 3.4%. No wonder the recent market performance has been so poor. But what's interesting is that Ethereum and Solana ETFs are still attracting capital. It seems there's quite a divergence in views on different coins. Overall, it looks like we'll have to keep watching in the short term, as market sentiment is clearly cautious. Everyone's waiting for economic data from the US.
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#加密市场动态 This Bitcoin ETF really is a double-edged sword! It looks like the outflow of funds has poured cold water on the market again. Data shows that $3.5 billion has already been withdrawn in November, almost a record. Citi also analyzed that for every $1 billion outflow, the coin price drops by 3.4%. No wonder the recent market performance has been so poor. But what's interesting is that Ethereum and Solana ETFs are still attracting capital. It seems there's quite a divergence in views on different coins. Overall, it looks like we'll have to keep watching in the short term, as market sentiment is clearly cautious. Everyone's waiting for economic data from the US.