Ethereum Spot ETF Weekly Outflows Total $12.9 Million, Most Institutional Holdings Unchanged Except ETHE
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September 15, 2024
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Lin Chen, Head of Asia Pacific Business at Deribit, posted on X that the net outflow of ETH ETFs this week reached $12.9 million (5597.47 ETH), marking one of the smallest net outflows recently. Compared to BTC, ETH performed slightly worse. Besides ETHE experiencing selling, other institutions mostly held their positions steady, with only minor increases in holdings.
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