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Spot Ethereum ETFs Breaks Nearly Two Weeks Downtrend With Positive Inflow, Price Spike Imminent?

Bitcoinist LogoBitcoinist2d ago

Spot Ethereum ETFs Breaks Nearly Two Weeks Downtrend With Positive Inflow, Price Spike Imminent? - Bitcoinist

Quick Summary:

Ethereum, the second largest cryptocurrency asset, is currently in the limelight as crypto investors have recently demonstrated their renewed interest in and adoption of the historical Spot Ethereum Exchange-Traded Funds (ETFs).

Millions of dollars were seen flowing into the products after the market concluded on Wednesday.

Other asset management company funds, such as Bitwise ETH ETF (ETHW), 21Shares ETH ETF (CETH), VanEck ETH ETF (ETHV), and Franklin ETH ETF (EZET), saw zero inflows.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 18:30:49 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22299847

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 3 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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  • News ID: #22299847
  • URL: https://beamstart.com/news/spot-ethereum-etfs-breaks-nearly-17249562725857

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