Ether continues to lag behind leading cryptocurrency Bitcoin as recently-debuted exchange-traded funds fail to kindle greater demand for the second-ranked token.
The spot-Ether ETFs launched in July have suffered eight consecutive days of net outflows totaling nearly $112 million, their longest losing streak so far, according to data compiled by Bloomberg.
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Sidhartha Shukla
https://www.bloomberg.com/news/articles/2024-08-27/ether-eth-trails-bitcoin-as-supply-fears-memecoins-spook-investors
2024-08-27 19:34:22
