There is no question about how impressive the performance of the US-based Etherum ETF is (Exchange-Transaction fund) was in the last quarter. However, the encrypted investment product started a nightmare in September.
As you can see from ETH's slow price behavior, the cryptocurrency market appears to see the stages of investor uncertainty and determination. This struggle is finally translated into the performance of Etherum ETF, which recorded the worst in terms of capital inflow.
Ethereum ETFS registration $ 446m leak is leaked to the nearest state.
According to the latest market data, the US ETF ETF market recorded the worst after launching last week, with a total net leak of $ 77.74 million. The main contribution to this important figure was withdrawn on Friday, September 5, and more than $ 447 million in exchange trading funds.
Blackrock's Ishares Ethereum Trust (with TIKEER ETHA) is the most important day, and the total net leak is $ 309.88. GrayScale's Ethereum Trust (Ethe) was second, with a total pure amount of $ 51.7 million for this week's closing.
FETH (Fidelity Ethereum Fund) and Grayscale 'S Ethereum Mini Trust (ETH) recorded a total of $ 37.7 million and $ 36.2 million, respectively. 21Shares Ethereum ETF (TETH) is the only other spot ether fund that records all activities on Friday, with $ 14.68 million in order.
Source: SoSoValue
Friday, until September, it has leaked five consecutive days for the Spot Ether Leeum ETF, which is not a single positive inflow day. As mentioned earlier, on Friday, $ 450 million in sound achievements has pushed the weekly record to nearly $ 770 million.
Ether Leeum is a struggle of less than $ 4,500.
In less than two weeks, Ether Leeum's prices accounted for a new highest, and for the first time to destroy $ 5,000 for the first time. However, Altcoin has been struggling to break more than $ 4,500 since then under much weaker pressure.
Last week, Etherum ETF's performance was expected to reflect Altcoin's sluggish price behavior. At the time of this article, Ether Leeum token is about $ 4,276, reflecting almost 1% reduction over the last 24 hours. According to Coingecko's data, the second largest cryptocurrency has decreased by 2% over the last seven days.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Istock's main image, TradingView chart
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