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Grayscale leads $113.3M outflow in spot Ethereum ETFs on day 2
Grayscale leads $113.3M outflow in spot Ethereum ETFs on day 2

Share link:In this post: Investors pulled out $113.3 million from U.S. spot Ethereum ETFs on their second trading day, with Grayscale’s ETF losing over $800 million. Despite some ETFs staying in the green, Ethereum’s price dropped 1.8%, reflecting shaky investor confidence. Ethereum ETFs lagged behind Bitcoin ETFs in attracting investor interest, capturing only 16% of Bitcoin ETF’s first-day net flows.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any i

Cryptopolitan·2024/07/25 07:58
Markets brace for volatility as VIX rises to highest level since April
Markets brace for volatility as VIX rises to highest level since April

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

Blockworks·2024/07/25 06:49
Flash
  • 03:27
    VANA to Unlock Tokens Worth Approximately $9.7 Million in One Week
    According to RootData token unlocking data, vana (VANA) will unlock approximately 1.62 million tokens, valued at about 9.7 million USD, on May 16 at 19:00 (UTC+8).
  • 03:26
    Cryptocurrency Market Surges Across the Board, ETH Leads with 20.81% Increase, BTC Market Cap Ranks Among Top Five Global Assets
    According to SoSoValue data, the cryptocurrency market has surged across the board, with 24-hour gains generally ranging from 5% to 20%. Among them, Ethereum (ETH) led the rise with a 20.81% increase, climbing above $2200. Bitcoin (BTC) rose 5.29% in 24 hours, briefly surpassing $104,000, returning to the $100,000 mark after three months, and its market value exceeded $2 trillion, surpassing Amazon to rank fifth in global asset market value. Meanwhile, MAG7.ssi rose 9.23%, DEFI.ssi increased by 15.26%, and MEME.ssi went up by 15.07%. Other standout sectors include: the Meme sector, which rose 15.57% in 24 hours, with OFFICIAL TRUMP (TRUMP) and Pepe (PEPE) rising 22.97% and 31.38% respectively; the AI sector increased by 15.49%, with Bittensor (TAO), Worldcoin (WLD), and Virtuals Protocol (VIRTUAL) rising 11.20%, 14.12%, and 47.81% respectively; the DeFi sector rose 13.57%, with Lido DAO (LDO), Ethena (ENA), and Uniswap (UNI) increasing by 20.45%, 24.36%, and 25.32% respectively; the NFT sector rose 12.82%, with Pudgy Penguins (PENGU) rising 20.05%. Additionally, the Layer2 sector rose 11.63%, the Layer1 sector increased by 8.63%, and Cardano (ADA) rose 12.27%; the PayFi sector increased by 7.85%, and the CeFi sector rose 4.48%. The crypto sector indices reflecting historical market trends show that the ssiNFT, ssiAI, and ssiGameFi indices rose by 15.47%, 14.48%, and 14.09% respectively in 24 hours.
  • 03:06
    Yesterday, the U.S. Spot Bitcoin ETF had a net inflow of $117.51 million
    According to monitoring by Trader T, the U.S. spot Bitcoin ETF had a net inflow of $117.51 million yesterday.
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