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Ethereum spot ETF had a net outflow of $26.2 million this week, and the negative news has been basically digested
2024-09-22 02:52:56
Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X that the liquidity of ETH ETF is still weak this week, with a total weekly net outflow of US$26.2 million (reduction of 11,461.21 ETH). The main selling force this week is still ETHE. Except for Grayscale's Mini ETF and BlackRock's three increases in holdings, the holdings of other ETFs have not changed. Fortunately, the current negative news has been basically digested, market sentiment has been boosted (the panic index has risen to 52), and the price of ETH has rebounded to above 2,600.