ETH Spot ETFs See $169.4 Million Outflow This Week
Publication Time:2024-08-03 23:56:06
According to the latest data from Farside Investors, US-based Ethereum spot ETFs witnessed a cumulative net outflow of $169.4 million this week. This data reflects a cooling trend in investment sentiment for Ethereum. Specifically, the largest single-day outflow was observed on Wednesday, with a net outflow amounting to $77.2 million. Additionally, there were notable capital outflows on Monday, with a net outflow of $98.3 million. These figures suggest that investors may be adopting a cautious stance on Ethereum’s short-term outlook, or are exploring alternative assets for potentially higher returns.
Ethereum
Investment
Spot ETFs
Capital Outflow