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HomeNEWSEthereum Withdraws 3 Billion from Exchanges After Approval of ETFs

Ethereum Withdraws 3 Billion from Exchanges After Approval of ETFs

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The introduction of spot Ether ETFs is anticipated to generate significant investor attention, mirroring the enthusiasm seen with Bitcoin ETFs earlier this year. According to data from BitMEX Research, Bitwise’s BITB saw the largest influx of funds on its debut day, totaling $237.9 million. This was followed by Fidelity’s FBTC with $227 million, and BlackRock’s IBIT with $111.7 million.

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