Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

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Source: Coindesk.com

Professional investors withdrew over $120 million from ether (ETH)-tracked exchange-traded products in the past two weeks, crypto firm CoinShares said in a Monday report.

Such products recorded $60 million in net outflows each the past two weeks, the most since August 2022. Elsewhere, multiasset and bitcoin (BTC) ETPs recorded inflows at $18 million and $10 million, respectively,

Read More https://www.coindesk.com/markets/2024/07/02/ethereum-products-see-highest-outflows-since-2022-ahead-of-ether-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs" appeared first here Coindesk.com.

Source: Coindesk.com

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