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Ethereum Leads Market Recovery with $155M Inflows Amid Recent Downturn

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Ethereum has seen the greatest advantage from the recent market downturn as investors appeared to have viewed the price weakness as a buying opportunity.

On the other hand, short Bitcoin ETPs recorded their largest outflows since May 2023, totaling $16 million , which has dropped their AuM for short positions to the year’s lowest level, indicating a major investor exit.disclosed that the positive trend also extended to investment products related to Solana, XRP, and Cardano, which received weekly inflows of $4.5 million, $0.7 million, and $0.6 million, respectively.

 

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