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The spot Ethereum ETF saw a net outflow of $26.20 million this week, reducing its holdings by 11,460 ETH

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2024-09-22 02:56:32
Lin Chen, head of Asia Pacific commerce at Deribit, said in a post that ETH ETF liquidity was still weak this week, with a total weekly net outflow of 26.20 million US dollars (reduced holdings of 11461.21 ETH).
The main force of this week's sell-off is still ETHE. Except for the grey release of Mini ETF and BlackRock's three increases, the remaining ETF positions have not changed. Fortunately, the current bad news has been basically digested, market sentiment has been boosted (the panic index has rebounded to 52), and the ETH price has rebounded to above 2600.
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