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HomeCRYPTOCURRENCY Ethereum Sees 3 Billion Withdrawn from Exchanges After Approval of ETFs

Ethereum Sees 3 Billion Withdrawn from Exchanges After Approval of ETFs

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The introduction of spot Ether ETFs is predicted to garner significant attention from investors, mirroring the surge seen with Bitcoin ETFs earlier this year. According to data from BitMEX Research, Bitwise’s BITB saw the largest amount of inflows on its debut day, totaling $237.9 million. This was closely followed by Fidelity’s FBTC at $227 million, and BlackRock’s IBIT at $111.7 million.

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