US Spot Ethereum ETFs Receive $98M
Ethereum ETFs experienced a total daily inflow of $98.3 million.
Ethereum ETFs experienced a total daily inflow of $98.3 million.
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
London, United Kingdom, 7th August 2024, Chainwire
Despite a 20% drop in its price, US-listed exchange-traded funds (ETFs) for Ether saw net inflows of nearly $49 million on Monday.
Ark Invest has recently made a significant investment in Coinbase, purchasing 93,797 shares worth a total of $17.8 million across three of its exchange-traded funds on Monday.
The percentage of Bitcoin’s market value compared to the overall cryptocurrency market, known as Bitcoin dominance, has reached a new yearly high of 58% amidst a decline in both crypto and stock markets.
The current number of newly created Ethereum wallet addresses has reached its lowest point this year, likely due to the introduction of spot Ether exchange-traded funds (ETFs) on the US stock market. Data from The Block shows that the seven-day moving average of new Ethereum wallets is currently at its lowest level since December 2020, although it is still higher […]
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