Ether ETFs Saw $340M of Negative Outflows in Their First Week

Quinn Thompson, founder of digital asset hedge fund Lekker Capital, pointed out that ETHE have already shed the same amount of assets as GBTC when bitcoin found a local bottom in late January during its post-ETF sell-off. BTC fell 15% to below $39,000 in two weeks, then marched on a rally to new all-time highs.

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• Source: https://www.coindesk.com/markets/2024/07/29/ether-etfs-saw-340m-of-negative-outflows-in-their-first-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines