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Ether Rises Above $3.5K Ahead of ETH ETF Trading, but Inflow Concerns Remain

23 July 2024
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“Market individuals are additionally intently monitoring Grayscale’s US$9 billion ETH Belief, as there are considerations that Grayscale’s potential promoting stress might counteract the optimistic results of the brand new inflows, doubtlessly exerting downward stress available on the market,” wrote Vivien Wong, companion at HashKey Capital’s Liquid Funds, in a Tuesday electronic mail to CoinDesk.



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Tags: 3.5KAheadconcernsETFETHEtherinflowremainrisesTrading
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