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Bitwise is committed to innovation: 10% of Ethereum ETF revenue will be returned to open source developersIn a major innovative move in the cryptocurrency space, asset management firm Bitwise announced that it plans to donate a portion of the proceeds from its highly anticipated Ethereum spot ETF to Ethereum’s open-source developers following its launch. This unprecedented decision not only highlights Bitwise's support for continued innovation in blockchain technology, but also reflects the industry's growing recognition of the importance of open source projects. Through this action, Bitwise aims to encourage and promote the development of Ethereum technology while setting a new benchmark for the sustainable development of the cryptocurrency industry.

Bitwise is committed to innovation: 10% of Ethereum ETF revenue will be returned to open source developers

In a major innovative move in the cryptocurrency space, asset management firm Bitwise announced that it plans to donate a portion of the proceeds from its highly anticipated Ethereum spot ETF to Ethereum’s open-source developers following its launch.
This unprecedented decision not only highlights Bitwise's support for continued innovation in blockchain technology, but also reflects the industry's growing recognition of the importance of open source projects. Through this action, Bitwise aims to encourage and promote the development of Ethereum technology while setting a new benchmark for the sustainable development of the cryptocurrency industry.
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📉 Ethereum spot ETF fund outflows intensify, and the market is skeptical about future trends! Since July, Ethereum spot ETFs have continued to experience fund outflows, and recently reached $79 million on Monday, which is the largest single-day outflow since July this year. Although Ethereum has seen a rise of more than 12% after the recent interest rate cut, this rise has not stopped the continuous outflow trend of funds from Ethereum spot ETFs since its listing, which further reflects investors' uncertainty about Ethereum's future trends. From the data, the holdings of Ethereum spot ETFs are generally on a downward trend. The main reason is that Grayscale's ETHE product has been experiencing fund outflows since its launch. However, the overall asset management scale of BlackRock's ETHA, Fidelity's FETH and other Ethereum spot ETFs has shown a steady growth trend. Among them, BlackRock's ETHA fund's asset management scale increased from US$270 million to US$930 million in two months, and Fidelity's FETH also increased from US$4.3 million to US$367 million, showing a surge in investors' interest in Ethereum financial products. It is worth noting that ETHA and FETH, as well as other ETFs except Grayscale's ETHE, have shown a continuous and stable inflow of funds, while the price of Ethereum has fallen from more than US$3,500 to more than US$2,600 since the ETF was listed. This phenomenon shows that although the market is cautious about the short-term trend of Ethereum, institutional investors are actively deploying and are optimistic about its long-term value. However, the outflow of funds from Ethereum spot ETFs and the decline in Ethereum prices still confuse investors! Does this indicate that a major shift in the market is imminent, or are institutional investors preparing for future growth? This is a question worth paying attention to. #以太坊现货ETF #以太坊投资 #投资趋势
📉 Ethereum spot ETF fund outflows intensify, and the market is skeptical about future trends!

Since July, Ethereum spot ETFs have continued to experience fund outflows, and recently reached $79 million on Monday, which is the largest single-day outflow since July this year.

Although Ethereum has seen a rise of more than 12% after the recent interest rate cut, this rise has not stopped the continuous outflow trend of funds from Ethereum spot ETFs since its listing, which further reflects investors' uncertainty about Ethereum's future trends.

From the data, the holdings of Ethereum spot ETFs are generally on a downward trend. The main reason is that Grayscale's ETHE product has been experiencing fund outflows since its launch.

However, the overall asset management scale of BlackRock's ETHA, Fidelity's FETH and other Ethereum spot ETFs has shown a steady growth trend.

Among them, BlackRock's ETHA fund's asset management scale increased from US$270 million to US$930 million in two months, and Fidelity's FETH also increased from US$4.3 million to US$367 million, showing a surge in investors' interest in Ethereum financial products.

It is worth noting that ETHA and FETH, as well as other ETFs except Grayscale's ETHE, have shown a continuous and stable inflow of funds, while the price of Ethereum has fallen from more than US$3,500 to more than US$2,600 since the ETF was listed.

This phenomenon shows that although the market is cautious about the short-term trend of Ethereum, institutional investors are actively deploying and are optimistic about its long-term value.

However, the outflow of funds from Ethereum spot ETFs and the decline in Ethereum prices still confuse investors!

Does this indicate that a major shift in the market is imminent, or are institutional investors preparing for future growth? This is a question worth paying attention to.

#以太坊现货ETF #以太坊投资 #投资趋势
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