US spot Ethereum (ETH) exchange-traded funds extended their slide on May 21, logging a ninth consecutive trading day of net outflows—an indication that near-term institutional appetite for ETH exposure remains cautious even as overall assets in the category stay substantial.
According to data compiled by SoSoValue, the US spot Ethereum ETF cohort posted $32.58 million in net redemptions on May 21 (US Eastern Time). The latest session continued a persistent withdrawal streak that began on May 11, underscoring a sustained shift toward de-risking or profit-taking among some allocators rather… Read more
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Billionaire entrepreneur Mark Cuban has revealed that he sold most of his Bitcoin holdings. He shared the update during an interview with Front Office Sports.
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