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News Explorer — Ethereum Funds Keep Bleeding Cash—Will Hong Kong ETF Approvals End Slide?

Generated by AI, curated by humans

Apr 15, 3:58 pm

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Ethereum Funds Keep Bleeding Cash—Will Hong Kong ETF Approvals End Slide?

Ethereum-based funds have experienced outflows of $118 million over the past five weeks, while Bitcoin-based funds have attracted over $3.5 billion in inflows. The decline in Ethereum's price and the uncertainty surrounding a potential Ethereum ETF in the U.S. have contributed to investor hesitation. Additionally, geopolitical risks in the Middle East have further impacted Ethereum's performance.

Ethereum-based funds have experienced outflows of $118 million over the past five weeks, while Bitcoin-based funds have attracted over $3.5 billion in inflows. The decline in Ethereum's price and the uncertainty surrounding a potential Ethereum ETF in the U.S. have contributed to investor hesitation. Additionally, geopolitical risks in the Middle East have further impacted Ethereum's performance.

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