EthereumSpotETFs
514 views
2 Discussing
Hot
Latest
🚨ALERT: Ethereum ETF Outflows Hit Record High!
After a month of record-breaking success, US spot Ether ETFs saw their largest-ever daily outflow of $465 million on Monday. This marks a significant shift in investor sentiment and brings an end to their incredible 20 day inflow streak.
BlackRock's iShares Ethereum Trust (ETHA) took the biggest hit, seeing nearly $375 million in net outflows. However, this pullback coincides with a dip in ETH’s price, and here's where it gets interesting.
While some are taking profits through ETFs, smart money is still accumulating the asset. Blockchain data shows institutional demand remains strong with some wallets acquiring a combined 63,837 ETH, worth about $236 million, in a single day. This could be a healthy consolidation before the next major move up! #Ethereum #ETH #BlackRock #EthereumSpotETFs #EthereumETF
After a month of record-breaking success, US spot Ether ETFs saw their largest-ever daily outflow of $465 million on Monday. This marks a significant shift in investor sentiment and brings an end to their incredible 20 day inflow streak.
BlackRock's iShares Ethereum Trust (ETHA) took the biggest hit, seeing nearly $375 million in net outflows. However, this pullback coincides with a dip in ETH’s price, and here's where it gets interesting.
While some are taking profits through ETFs, smart money is still accumulating the asset. Blockchain data shows institutional demand remains strong with some wallets acquiring a combined 63,837 ETH, worth about $236 million, in a single day. This could be a healthy consolidation before the next major move up! #Ethereum #ETH #BlackRock #EthereumSpotETFs #EthereumETF
Ethereum's Market Dynamics: $500M Influx, Upgrades, and Long-Term Investor Interest
$ETH According to Matrixport's daily analysis on February 10, Ethereum (ETH) spot ETFs have experienced a significant inflow of $500 million since late January. However, despite this influx, the price of Ethereum has not seen a substantial rebound. This suggests that while the gains from the November election rally, which was influenced by U.S. President Donald Trump's campaign, have largely been undone, strong selling pressure persists in the market.
Despite these challenges, there is growing interest in Ethereum from long-term value investors. Notably, even members of the 'World Financial Freedom' organization are showing interest in ETH as a potential investment.
Looking ahead, the upcoming Ethereum network upgrade scheduled for March is expected to be a key event. However, market reactions have been relatively subdued compared to the enthusiastic response seen during previous upgrades. The consensus in the market is that this upgrade may not trigger a significant price rally. Without clear positive catalysts, Ethereum's price could remain under pressure, with Ethereum's market share currently at 10%.
#Ethereum #ETH #EthereumSpotETFs #ETHPrice #CryptoInvestment
Login to explore more contents