Latest Update
2024-07-26 04:00 UTC

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

Analysis

Michaël van de Poppe

@CryptoMichNL

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