There is no question as to how impressive the performance of the US-based Ethereum ETFs (exchange- traded funds) has been in the past quarter. However, the crypto-linked investment products have had a nightmare start to the month of September.
As seen with the sluggish price action of ETH, the cryptocurrency market seems to be witnessing a phase of investor uncertainty and indecisiveness. These struggles appear to be finally translating to the performance of the Ethereum ETFs, which just recorded their worst week in terms of capital inflows.
Ethereum ETFs Register $446M Outflow To Close Week
According to the latest market data , the US Ethereum ETF market posted a total net outflow of $787.74 million in the past week, its worst performance since launch. Contributing mostly to this