Net $133.3 Million Outflow from Ethereum ETFs and $44.50 Million Inflow into Bitcoin ETFs on July 24, 2024

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

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

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 July 24, 2024, Ethereum ETFs witnessed a significant net outflow totaling -$133.3 million. In contrast, the same day marked a positive turn for Bitcoin ETFs, which saw a net inflow of +$44.50 million. This substantial shift in investments highlights the differing market sentiments and evolving investor preferences between these two predominant cryptocurrencies. While Ethereum faces challenges, Bitcoin appears to be gaining favor among investors, reflecting a dynamic landscape within the crypto investment sphere.

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