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367 Shift in focus: From single-crypto trusts to multi-crypto ETFs

KillerStartups
Ethan Mitchell @ KillerStartups 1 place · 07/26/2024 20:35 EDT

Shift in focus: From single-crypto trusts to multi-crypto ETFs

US spot Ether exchange-traded funds (ETFs) reported net outflows of $113.3 million on their second trading day. Seven of the eight newly launched Ether ETFs had net inflows, yet a significant withdrawal from the Grayscale Ethereum Trust accounted for most of the negative performance. This suggested a shift in focus from single-crypto trusts to ETFs ...

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