Hindi na Nangungunang Aso ang Ethereum sa Mga Institusyunal na Namumuhunan sa gitna ng mga takot na bumagsak sa $1,000 ⋆ ZyCrypto
Ethereum Hindi na Nangungunang Aso ang Ethereum sa Mga Institusyunal na Namumuhunan sa gitna ng mga takot na bumagsak sa $1,000 ⋆ ZyCrypto 52 segundo ang nakalipas Balita ng Ethereum ng Bitcoin Head of Research at CoinShares, James Butterfill, revealed some concerning news in the latest European digital asset manager report. With a $59 million outflow in the past week, tensions are high in the crypto market. While Bitcoin was the asset that had the greatest losses, it seems Ethereum is headed for more pain, while overall trading volumes dropped by 73% from the previous week. Institutional Outflows Remain High While XRP saw inflows of $0.7 million, ETH outflows totalled $4.8 million, bringing the years total to $108 million. Butterfill said the lacklustre performance made ETH “the least loved digital asset amongst ETP investors this year.” ETP, which stands for ‘Exchange-Traded Product’, includes a wide range of investment products designed to expose investors to various assets, such as ETFs, exchange-traded notes (ETN), and exchange-traded mutual funds (ETFM). The recent FTX scare about a massive sell-off of tokens, which could potentially trigger larger price drops, further causes concerns. FTX lawyers asked the court to allow the liquidation of $3.4 billion in crypto assets. The Delaware Bankruptcy Court approved on