glassnode: Spot Ethereum ETF inflows show initial signs of recovery, year-end demand may be improving
Jinse Finance reported that glassnode published an analysis stating that after several consecutive weeks of steady net outflows, spot Ethereum ETFs have finally shown initial signs of recovery. A small amount of capital has started to flow back in, indicating that redemption pressure is easing. If this trend continues and turns into net inflows, it will suggest that year-end demand is improving.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jupiter Lend has officially ended its closed beta and is now open source.
The US Congress urges the SEC to allow Bitcoin and cryptocurrencies to be included in 401(k) retirement plans.
