US Ethereum ETFs hit record volume Monday as investors bought the dip despite market downturns. The nine ETFs saw $1.5 billion in total trading volume, with a $84 million inflow from new investors.
Although the ETFs are performing quite well, trouble remains on the horizon. Their trade volumes are becoming increasingly uncoupled from Ethereum itself as the community faces leadership crises and shaken public confidence.
Ethereum ETFs See Record Trading Volumes
Ethereum has been in a challenging spot lately, but its ETFs are pulling huge numbers. Ethereum was already struggling with declining user counts and falling prices, but Trump’s tariff threats brought huge shocks to the whole crypto market.
However, even while the altcoin was struggling, ETF investors bought the dip in huge amounts, leading to $1.5 billion in trading volume.
Essentially, the broader market shocks triggered huge levels of panic-selling, stop-loss triggers, and forced liquidations. As a key asset for the DeFi space, ETH is vulnerable to swings from overall leveraged trading.
These outflows pumped up the ETFs’ trading volume, and Ethereum delivered net inflows, including $84 million from new investors.
After these complicated actions, Ethereum’s price somewhat recovered from Monday’s early market crash.
However, the leading altcoin has been struggling for
Go to Source to See Full Article
Author: Landon Manning
Tip BTC Newswire with Cryptocurrency
Donate Bitcoin to BTC Newswire
Donate Bitcoin Cash to BTC Newswire
Donate Ethereum to BTC Newswire
Donate Litecoin to BTC Newswire
Donate Monero to BTC Newswire
Donate ZCash to BTC Newswire
