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Ethereum ETF Launch Triggers Significant Price Drop and Outflows | Flash News Detail | Blockchain.News
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7/26/2024 12:00:02 PM

Ethereum ETF Launch Triggers Significant Price Drop and Outflows

Ethereum ETF Launch Triggers Significant Price Drop and Outflows

According to @CryptoMichNL, the launch of the Ethereum ETF has led to a substantial price drop. Over three days, there has been a net outflow of $180 million. Additionally, Grayscale's Ethereum Trust has experienced an outflow of $1.2 billion in the same timeframe.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast