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Last week, Ethereum ETP net outflow of about $63.50 million

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2024-05-16 11:06:52
On May 16th, according to Bloomberg data quoted by ETC Group in its weekly report, the global Ethereum ETP net outflow last week was about 63.50 million US dollars, of which the Hong Kong-listed ETF lost the most. Meanwhile, Bitcoin ETP net inflows last week 92.50 million US dollars. The reasons for Ethereum's loss of investor favor may be several factors, including the intense competition in L1 and the uncertainty of the approval of the US Ethereum spot ETF.
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