Ethereum ETFs Record Biggest Outflows Since July in Sign of Low Institutional...

Ethereum ETFs Record Biggest Outflows Since July in Sign of Low Institutional Appeal

12
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Ether ETFs experienced the largest outflows since July, with over $79 million exiting on Monday. The outflows were predominantly from Grayscale’s Ethereum Trust (ETHE), while Bitwise's ETHW saw minor inflows, highlighting the strength of Grayscale's influence on market dynamics. Despite an 11% rise in ether due to favorable macroeconomic conditions like Fed rate cuts, the

Read More https://www.coindesk.com/markets/2024/09/24/ether-etfs-record-biggest-outflows-since-july-in-sign-of-low-institutional-appeal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Ethereum ETFs Record Biggest Outflows Since July in Sign of Low Institutional Appeal" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY