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Ethereum ETF has continuously raised $170 million, but the coin price has fallen below $3000.

DAOplomacy

2025-11-27 02:20:16

Abstract generation in progress

[Coin World] The funding trends of the Ethereum ETF have been quite interesting in the last two days. On the first day, $96.6 million came in, with BlackRock alone taking on $92.6 million. On the second day, another $78.6 million came in, with Fidelity's FET acquiring $47.5 million and BlackRock's ETHA adding another $46.2 million.

However, the money has come in, but the coin price hasn't been favorable—ETH has fallen to $2913.41, more than a 30% drop from last July's peak. The technical indicators don't look too optimistic either, with short-term indicators pointing down.

On the other hand, VanEck has submitted a spot ETF application tracking Binance's BNB, with the code VBNB. Currently, the price of BNB is $857.52, and submitting this during a generally cold market sentiment is quite a subtle timing choice. Funds are flowing, but the market is still bottoming out; we'll have to keep an eye on how it proceeds.

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PoetryOnChain

· 11-30 02:20

Big funds are buying the dip, but the market data is sluggish; this is absurd. It feels like institutions are slacking off. --- BlackRock and Fidelity are taking turns pouring money in, but why isn't it creating any momentum? --- ETH has fallen again, my cost has completely collapsed... --- Money is coming in while the coin falls; are they making us buy the dip or cutting loss? --- VanEck is now submitting a BNB application; the timing they chose is just remarkable. --- Funds are grinding at the bottom; let's just grind along with them. Anyway, we can't rush it. --- Institutions are sweeping up, while retail investors are getting hurt; when will this script change? --- Wait, with so much money coming in, why is the coin price still dropping? Is the bottom signal still an eyewash?

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TokenTherapist

· 11-29 05:05

Large institutions are frantically pouring money into ETH, yet it continues to drop. This script is all too familiar... Is BlackRock buying the dip or catching a falling knife?

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BearMarketMonk

· 11-27 02:50

The money is coming in but the coins are falling, this is ridiculous. Are institutions really buying the dip or playing people for suckers? BlackRock and Fidelity are pouring in day by day, yet ETH is still falling, what does this indicate... the real bottom hasn't been reached yet. VanEck is now even working on a BNB ETF, they really dare to pick the timing, with the market being so cold they are still submitting applications, there's probably more to come. In this market, we still have to wait, I am still in training.

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BlockchainBrokenPromise

· 11-27 02:49

Large funds entering the market but the coin price is falling, isn't this just playing people for suckers? BlackRock and Fidelity are making money, while we're stuck with dirt. ETH is about to break 3000 and there are still people calling for a bottom, it's hilarious. VanEck is applying for a BNB Spot ETF at this time, how poor is the timing? Isn't this just a deliberate move? Capital inflow ≠ coin price rise, this logic I can never understand you all. All short-term indicators are green, I just know I have to be careful. This round of market is really a pump down, big institutions are arbitraging, and retail investors are catching a falling knife. How much longer do we have to grind the bottom? I really can't see through it.

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AirdropChaser

· 11-27 02:47

Funds are wildly dumping, resulting in a reverse movement of coin prices, which is absurd. The fact that BlackRock, with such a large scale, can't suppress the market indicates how fierce the short positions are.

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YieldWhisperer

· 11-27 02:43

nah, $170M inflows but eth dumps 30%? the math literally doesn't check out... classic institutional accumulation theater while retail gets liquidated lol

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GasBandit

· 11-27 02:28

Large institutions BTFD ETH, the coin price takes the opposite position and falls, this script is really well-written... Funds enter the market while the coin price falls, isn't this just digging a pit for retail investors? ETH has dropped like this, yet VanEck still dares to launch a BNB ETF, they really have guts. A 30-point drop, BlackRock is really Rekt this time, brothers. Grinding the bottom, just afraid of always grinding...

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