Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord

2024-7-3 15:46

Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said. origin »

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spot etfs appetite institutional help broaden assets

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Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and could see further decline from here, according to an analysis from Matrixport.

2024-7-27 20:30