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Coinpedia
2024-08-06 10:03:45

Ethereum ETFs Record $49M Inflows Amidst 20% Price Drop 

The post Ethereum ETFs Record $49M Inflows Amidst 20% Price Drop  appeared first on Coinpedia Fintech News The spot ether ETFs recorded net inflows of nearly $49 million on Monday amidst a 20% drop in its price, indicating strong demand.  A broader crypto market haircut contributed to the selling pressure, with over $340 million in ETH futures liquidations. While professional investors bought the dip, ETH ETFs traded over $715 million, the highest …

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