Ethereum ETFs Fail to Generate Interest, Reflecting Sluggish Crypto Market Amid Economic Uncertainty



The debut week for six Ethereum exchange-traded funds (ETFs) offering exposure to ether futures contracts was disappointing, attracting less than $10 million in total. This comes as Ethereum products experienced outflows of $7.5 million. The lackluster performance of these ETFs is seen as evidence of a crypto market "malaise" amid economic uncertainty and geopolitical tensions. Ether prices have dropped over 5% this month, contributing to a $30 billion loss in the overall crypto market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)