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Ethereums 3B Withdrawal from Exchanges After ETF Greenlight

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The introduction of spot Ether ETFs is anticipated to garner significant attention from investors, mirroring the interest seen with Bitcoin ETFs earlier in the year. According to data from BitMEX Research, Bitwise’s BITB saw the largest influx of funds on its initial day, totaling $237.9 million, trailed closely by Fidelity’s FBTC at $227 million, and BlackRock’s IBIT at $111.7 million.

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