The US spot Ethereum ETF suffered a loss of 401 million USD in March
In March, the US spot Ethereum ETF saw an outflow of $401 million, accounting for 5.9% of total assets. In contrast, the outflow from Bitcoin ETF was $893 million, representing 0.9% of total assets. Since the beginning of the year, Ethereum has fallen by 37%, while Bitcoin has dropped by 7.5%.
At the beginning of March, Ethereum ETF only had a positive inflow of $14.58 million on March 4th, whereas January and February attracted fund inflows of $101 million and $60 million respectively. Despite this, since its launch, Ethereum ETF still maintains a net inflow of $2.42 billion but it is significantly less compared to Bitcoin's ETF at $3.605 billion.
Furthermore, since March 1st ,the price of Ethereum has decreased by 8.5%, while Bitcoin increased more than 3%. (CoinDesk)
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.
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