BREAKING
313d 13h ago

Ethereum Spot ETF Sees $3.6 Million Outflow Despite CETH Inflows

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

COINOTAG News reported on April 2nd that data from Farside Investors highlights a significant net outflow of $3.6 million from the US Ethereum spot ETF. This decline included a noteworthy net outflow of $2.6 million attributed to ETHW and an additional $2.7 million from Grayscale ETH. Conversely, CETH evidenced a net inflow of $1.7 million, demonstrating varied investment behavior within the sector. Investors are closely monitoring these shifts as they reflect broader market sentiments and investor confidence in Ethereum’s evolving landscape. Analysts suggest that understanding these inflows and outflows can offer critical insights into market dynamics, informing future investment strategies. As the cryptocurrency landscape continues to mature, these trends may influence decision-makers and institutional players alike, necessitating vigilant tracking of flow activities in such digital assets.

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