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HomeNEWSEthereum Sees 3 Billion Withdrawn from Exchanges After Approval of ETFs

Ethereum Sees 3 Billion Withdrawn from Exchanges After Approval of ETFs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 upcoming introduction of spot Ether ETFs is anticipated to generate significant interest from investors, mirroring the excitement seen with Bitcoin ETFs earlier this year. According to data from BitMEX Research, Bitwise’s BITB saw the largest inflows on its initial day of trading, attracting $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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