Since the U.S. Ethereum Spot ETF began trading on July 23, the price of Ethereum has fallen by more than 26 percent, with a cumulative net outflow of $420.50 million.
However, Aurelie Barthere, principal research analyst at Nansen's on-chain analytics platform, said the decline in the price of Ethereum was not due to the continued outflow of funds from ETFs, but rather to investors' lack of risk appetite.
Nansen analyst: ETH price decline is due to investor sentiment, not ETF outflows
2024-08-19 13:59:24
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Next article：
Cardano基金会：Binance Pay已支持ADA向商家进行支付
