According to SoSoValue data, Ethereum spot ETFs had a weekly net outflow of $5.22 million last week (October 07 to October 11 ET) last week.
Among them, the Grayscale Ethereum Trust ETF ETHE had a weekly net outflow of $19.08 million, and the current historical net outflow of ETHE is $2.98 billion. The Ethereum spot ETF with the largest weekly net inflow last week was the Blackrock Ethereum ETF ETHA, with a weekly net inflow of $17.85 million, and the current total historical net inflow of ETHA reached $1.21 billion.
As of press time, the total net asset value of Ethereum spot ETFs was $6.735 billion, the ETF net asset ratio (the proportion of market capitalization to the total market value of Ethereum) reached 2.28%, and the historical cumulative net outflow has reached $559 million.
Hong Kong's financial market has developed over the years, and has experienced storms such as the Asian financial crisis in 1997 and the financial tsunami in 2008. The licensing regime for virtual asset trading platforms came into effect on 1 June 2023, which has greatly enhanced the confidence of global investors in Hong Kong's virtual asset market, as clearer regulatory guidelines will bring new opportunities to the brokerage and asset management industry engaged in virtual asset trading, as well as more protection for retail investors.
The main silver futures contract is stronger than gold, up more than 2%, and is now at 8117 yuan / kg.
A common mistake in technical analysis: blindly following other people
To master any skill, continuous improvement is essential. This is especially important in financial investments. In fact, changing market conditions make continuous learning necessary. Following experienced technical analysts and traders is indeed one of the great ways to learn about investing.
However, if you want to consistently achieve good results, you also need to find your strengths and use them. We can call this your "strength", the trait that sets you apart as a trader.
I wish every friend can become an independent and successful investor, and achieve both asset and knowledge improvement.