Two assets. Two completely different stories are being told by the same market.
$ETH ETF: consistent outflows. Institutions are walking away.
$BTC ETF: +$647.30M on April 17 alone, while the macro bled everywhere.
Last 3 months still net negative at $394.70M. But look at what happened the moment fear peaked: the money came back—hard and fast.
That is not retail. Retail was busy panic-selling. That is institutional positioning before a move that most people will miss.
Know which side of this trade you are on.