BREAKING
405d 4h ago

Grayscale ETH Sees $9.8 Million Inflow Despite $5.6 Million Outflow in US Ethereum Spot ETF

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 reports that recent data from Farside Investors highlights significant trends in the Ethereum market. As of January 1st, the US Ethereum spot ETF, specifically Grayscale ETHE, experienced a net outflow of $5.6 million. In contrast, the Grayscale ETH saw a notable net inflow amounting to $9.8 million. This dynamic shift in investment flows indicates a prevailing sentiment among investors as they navigate the evolving landscape of digital assets. Understanding these trends is critical, as they reflect investor confidence and market stabilization within the Ethereum ecosystem. It’s essential for stakeholders to monitor these movements closely, as they may influence future pricing and investment strategies in Ethereum and the broader cryptocurrency market.

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