Am I missing something with ETH?
I've been watching ETH the last couple weeks and I don't really get it.Keep seeing that the ETFs are still getting money in. I think it was around $218M last week. But ETH itself doesn't really seem to be doing much.Does ETF buying just not have as much impact on the price as I thought?
I thought the same thing lol. Doesn't money going into the ETF basically mean they're buying ETH?
Yeah, but there are people selling at the same time. I don't think ETF inflows automatically mean price goes up.
I think part of it is that $218M sounds huge on its own, but maybe it's not that huge compared with the amount of ETH being traded overall.
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Usually the miss is timeline, not a secret unlock. ETH can look quiet while fees and L2 activity tell a different story — still not a reason to oversize. I keep spot practice boring on a CEX with clear fee tiers: https://www.bsmkweb.net/register?ref=47274318. NFA / DYOR.