BREAKING
351d 12h ago

Ethereum Spot ETF Sees $8.9 Million Net Outflow Amid Mixed ETF Performance

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

On February 22, COINOTAG News reported that Farside Investors has been closely tracking the **Ethereum spot ETF** market. Their analysis revealed a notable **net outflow** of **$8.9 million** from the US Ethereum spot ETFs. This trend highlights investor sentiment amid fluctuating market conditions. It is significant to note that only **Bitwise’s ETHW** fund recorded a net outflow, suggesting a targeted movement of capital within the sector. Meanwhile, other **ETFs** in the market displayed a neutral position, with no substantial inflows or outflows reported. This scenario may reflect investor caution or a strategic reassessment of portfolios in the face of ongoing market volatility. Understanding these flows is crucial for investors looking to navigate the complexities of the **cryptocurrency landscape** effectively.

Share News:
Don't Miss Breaking News