Spot ether ETFs noticed practically $49 million of inflows on Monday, even because the ETH worth dropped as a lot as 20%. Ether suffered its largest single-day drop since 2021, as Bounce Crypto moved giant quantities of property to exchanges forward of potential gross sales. Skilled buyers appeared to purchase the dip, nonetheless, with ETH ETFs buying and selling over $715 million, the very best since July 30. The ETFs stay within the purple, nonetheless, having recorded internet outflows of $460 million since their introduction. Their bitcoin equivalents, compared, noticed over $1 billion of inflows inside their first 12 days.
