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

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Crypto Blog

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: S&P 500 rises as tech leads recovery after tumultuous weekStock Market Today: S&P 500 rises as tech leads recovery after tumultuous week
Source: Investingcom - 🏆 450. / 53 Read more »