This may be the most comprehensive analysis article so far on the relationship between net inflows of cryptocurrency (ZEC, HYPE, BTC...) ETFs and their prices
Today is Saturday, and the market is relatively quiet. So I dug out some of the crypto ETF market analysis websites I have bookmarked. Originally, I just wanted to check the net inflow and outflow of ETF funds for some mainstream crypto coins to judge the current trend of the crypto industry and the possible price movement logic. But for some reason, I ended up reviewing the inflow and outflow of ETF funds and price change logic for all cryptocurrencies. Later, I thought I might as well write an analysis article about the ETF situation of each cryptocurrency. On one hand, it can help me understand the basic situation of ETF inflows and outflows for each cryptocurrency, and on the other hand, it allows me to have a basic understanding of the impact of crypto ETF funds on prices. The following analysis is just my personal findings and does not constitute any investment advice! Please view it objectively! DYOR. In the chart, the yellow line is the price curve of the related asset, the green bars represent net inflow of funds, and the red bars represent net outflow of funds. HYPE: From the marked areas above, it is obvious that the price curves in areas 1 to 4 are all trending upward, and it can basically be confirmed that ETF fund driving plays a significant role. However, the price increase in area 5 is not entirely driven by ETF funds; it is very likely driven by residual sentiment formed from previous price increases. From the price peak, no new highs were made. From area 6, after area 4, ETF funds show a complete net outflow state. The withdrawal of ETF funds also led to the continuous decline of HYPE's price
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