Techub, citing Crypto Briefing, reported that clients of BlackRock’s spot Ethereum exchange-traded fund, iShares Ethereum Trust (ETHE), recorded about $75 million in net selling on Oct. 12. The one-day outflow stood out for its size and was presented in the source report as a sign that market participants were taking a cautious stance. No additional breakdown of the selling activity was provided in the input. The report focused on the ETF flow itself and the reading that investors were acting carefully during the session.
Clients of BlackRock’s spot Ethereum ETF, iShares Ethereum Trust (ETHE), posted about $75 million in net selling on Oct. 12, according to Techub, which cited Crypto Briefing.
The report said the large one-day outflow pointed to cautious sentiment among market participants.
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