U.S. Spot Ethereum ETFs Record $30.26M Net Outflows on November 20

Quick Summary:

Spot Ethereum ETFs Record $30.26M Net Outflows on November 20 The U.S.spot Ethereum ETFs experienced a combined net outflow of $30.26 million on November 20, marking the fifth consecutive day of withdrawals, according to a report shared by Trader T on X.

How do Ethereum ETF outflows impact the market?

Factors include market volatility, a preference for Bitcoin ETFs, and broader caution in the cryptocurrency market.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News U.S. Spot Ethereum ETFs Net Outflows

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 14:42:02 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23739933

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