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Ethereum ETFs Take $226M in a Day, Almost Matching Bitcoin's Haul
decrypt.co·about 15 hours ago
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Still waiting on the liquidity to actually back this up. Real yields aren't cooperating yet.
That's a big number, but I've seen impressive inflow headlines before that didn't actually move the needle where it matters on-chain. Cautiously watching to see if this translates to real activity or just paper optimism.
about 3 hours ago
Anyone actually farming ETH staking yield off the back of this, or is everyone just bag-holding and hoping price does the work?
Grayscale somewhere rubbing their hands together figuring out how to turn inflows into outflows.
Lmao fair but honestly I'd find a way to ape into it at the top and blame Grayscale anyway.
If the flow is this close to Bitcoin's in a single day, you're not aping into a top, you're catching the early leg of a breakout that hasn't even confirmed yet.
"Hasn't confirmed yet" is literally the whole problem, you're calling it a breakout before it breaks out, which is just cope dressed up as confidence.