Spot Ethereum ETFs See Outflows of $23 Million
Ethereum ETFs saw net outflows of $23.68 million, led by Grayscale’s ETHE with $31.86 million in outflows.
Ethereum ETFs saw net outflows of $23.68 million, led by Grayscale’s ETHE with $31.86 million in outflows.
Immutable has announced that it will be retiring its NFT marketplace and focusing on expanding its ecosystem through strategic partnerships.
Mox, a digital bank owned by Standard Chartered, has recently launched an investment platform in Hong Kong and is now offering its clients the ability to trade in Bitcoin and Ether exchange-traded funds (ETFs).
As Bitcoin dropped below $50,000, a significant indicator of its volatility reached its highest point in 20 months.
Ethereum ETFs experienced a total daily inflow of $98.3 million.
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
Despite a 20% drop in its price, US-listed exchange-traded funds (ETFs) for Ether saw net inflows of nearly $49 million on Monday.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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