Ethereum

<ul><li>Ethereum spot ETFs saw a $133 million net outflow on the second day of trading after a strong debut.</li><li>Fidelity&#39;s Ethereum Fund led with $74.5 million in inflows, outperforming BlackRock&#39;s iShares Ethereum Trust.</li><li>Grayscale’s Ethereum Trust ETF experienced a massive $327 million outflow, highlighting market volatility.</li></ul>On July 24, US Ethereum spot exchange-traded funds (ETFs) experienced a notable shift. A <a href="https://x.com/WuBlockchain/status/1816322610323677457" rel="noopener noreferrer nofollow">post</a> by Wu Blockchain revealed that these ETFs experienced net outflows totaling $133 million. This downturn followed a promising <a href="https://cryptotale.org/ethereum-spot-etfs-launch-with-1b-volume-as-whales-accumulate-112-9k-eth/" rel="noopener noreferrer nofollow">debut</a> that had seen substantial inflows. Investors quickly reacted, altering the landscape of these newly launched financial products.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdPqPj8pO_JB01mKFlFzTnCKI5K-srqRI2ygnVlXExB8Gj6cHJlbHK3ko1EBBIh4yRGU6j4P86KkrXYrdaWbwfwvR3PAkry3L0-BYId2X9d1v063sRq1FqzUwk_x2gk_clUyRh9w97vCuH9Ohcm0WtsICs?key&#61;Dx2hHpjF9pi8QTEF0Pzw8w" />The initial enthusiasm for Ethereum spot ETFs, which began with impressive inflows, faced a sudden reversal. Fidelity&#39;s Ethereum Fund (FETH) led the day&#39;s inflows, securing $74.5 million. This performance was a sharp contrast to BlackRock&#39;s iShares Ethereum Trust (ETHA), which gathered only $17.5 million. On its first trading day, ETHA had dominated the market with over $266 million in inflows, highlighting the volatility and shifting investor sentiment within just 48 hours.<a href="https://cryptotale.org/ethereum-spot-etfs-witness-significant-net-outflows-on-second-day/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ethereum Spot ETFs Witness Significant Net Outflows on Second Day

CryptoTale

Các bài viết khác được xuất bản trên 26 thg 7, 2024

PCE Inflation: Wall Street & Economists Predict Fed Rate Cuts Timeline

Historic IT Outage Proves Bitcoin's Resilience, Baden Bower Spots PR Opportunity

bitFlyer Acquires FTX Japan, Rebrands as New Custody Company

Bitcoin Up More Than 4% In 24 hours

Bitcoin Investors Assess Market Trends

TON Price Flashes Multiple Sell Signals, Should You Sell?

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!