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Ethereum price forms bullish flag as ETH ETF inflows rise



Ethereum price has plunged into a bear market after falling by over 20% from its highest point this year as cryptocurrencies retreated.

Data compiled by SoSoValue shows that spot Ethereum ETFs outperformed Bitcoin
last week. These funds added over $114 million in inflows after shedding over $243 million in the previous week. In contrast, Bitcoin ETFs shed over $607 million in assets.Spot Ethereum ETFs have added over $14.3 billion in inflows since their inception in July last year. These gains were driven mainly by BlackRock’s ETHA, which now holds over $15.15 billion in assets. The other top Ethereum ETFs are by companies like Grayscale, Fidelity, and Bitwise.

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Asiftahsinvip
· 11-04 08:05
1000x Vibes 🤑
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Ryakpandavip
· 11-02 17:20
Steadfast HODL💎
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