Spot Ethereum ETF Saw Net Outflows of $26.2 Million This Week, Reducing Holdings by 11,460 ETH
Article is form Jinse
September 22, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, Lin Chen, Deribit's Asia Pacific Business Head, posted on X that ETH ETF liquidity remained weak this week, with a total net outflow of $26.2 million (selling 11,461.21 ETH).
ETHE was the main driver of the selling this week. Aside from Grayscale's Mini ETF and BlackRock's three increases, the holdings of other ETFs remained unchanged. However, the current negative news has largely been digested, and market sentiment has been boosted (the fear index has risen to 52), causing ETH prices to rebound and break through $2,600.
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