Ethereum (ETH) is up more than 2% on Friday as ETH ETFs broke their three-day inflow streak with over $39 million in outflows.
Ethereum ETFs break inflows streak with over $39 million in net outflows. BlackRock's crypto ETF on-chain holdings have overtaken those of Grayscale ETFs. Donald Trump holds over $2 million in Ethereum , per Arkham Intelligence. Ethereum could strengthen bearish momentum if its price breaks below the lower rising trendline of an ascending triangle. Ethereum is up more than 2% on Friday as ETH ETFs broke their three-day inflow streak with over $39 million in outflows.
BlackRock’s ETFs IBIT and ETHA have just overtaken Grayscale’s ETFs GBTC, BTC Mini, ETHE and ETH Mini in on-chain holdings. Blackrock ETFs now have the largest collective holdings of any provider. BlackRock ETF… pic.twitter.com/PB41LEGc97 — Arkham August 16, 2024 Meanwhile, Nasdaq ISE, LLC withdrew its proposal to trade options on Ethereum ETFs on August 13, according to a Thursday filing on the Securities & Exchange Commission's website.
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