QCP analysts have pointed to a longer wait period before spot Ethereum ETFs take off in traditional markets. This is due to a distinction from Bitcoin (BTC) which had the digital gold tagline as well as a wider mainstream adoption. The first week of spot Ethereum ETFs trading saw a net $341 million outflow.
Spot Ethereum ETFs Saw $341M Outflows, Options Buying Ignites Hope: QCP
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27 July 2024 12:49, UTC