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Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex

Bitfinex analysts said Ethereum’s (ETH) 40% decline following the launch of spot ETH exchange-traded funds (ETFs) in the US is an expected “sell-the-news” reaction. According to the latest edition of the “Bitfinex Alpha” report, Ethereum ETFs are facing substantial challenges as significant outflows continue to weigh heavily on Ether’s performance, exacerbating the asset’s underperformance relative […] The post Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex appeared first on CryptoSlate. дальше »

2024-8-20 23:45


Ethereum Price Stays Flat Despite Today’s ETF Debut: QCP Explains Why

In a day marked by the launch of the long-anticipated spot Ethereum (ETH) Exchange-Traded Fund (ETF) in the United States, the market’s response has been unexpectedly subdued. Analysts from Singapore-based crypto asset trading firm QCP Capital have shed light on the reasons behind this muted reaction, blaming the situation on previous market behaviors and other news from the broader market. дальше »

2024-7-23 19:30