Investor Starting to Waver? Ethereum ETF Experiences Outflow of IDR 35 Billion ๐ฌ
Recently, the Ethereum spot ETF has recorded an outflow of funds amounting to US$2.17 million or around IDR 35 Billion. This indicates that investor sentiment towards Ethereum is currently a bit shaky.
But interestingly, not all ETFs are following this outflow trend.
๐ Grayscale Ethereum Mini Trust ETF (ETH) actually received a daily inflow of US$6.66 million. The total inflow since its launch has reached US$735 million! ๐
๐ Meanwhile, Fidelity Ethereum ETF (FETH) is the one most left behind. Its outflow today alone has reached US$8.84 million. However, the total funds that have ever gone into FETH remains high: US$1.59 billion. ๐ผ
Currently, the total net assets of all Ethereum ETFs have touched US$10.03 billion โ equivalent to about 3.26% of Ethereum's market cap. Quite significant, right?
๐ Disclaimer: This is not an invitation to buy/sell, just information. Always DYOR (Do Your Own Research)!
#Ethereum #ETF #CryptoNews #BinanceSquare #DYOR #CryptoUpdate$ETH