Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
This week, the Ethereum ETF reduced its holdings by 11,846.98 ETH, of which Grayscale ETHE reduced its holdings by 15,306.52 ETH

This week, the Ethereum ETF reduced its holdings by 11,846.98 ETH, of which Grayscale ETHE reduced its holdings by 15,306.52 ETH

CointimeCointime2025/01/05 03:11
By:Cointime

Deribit's Asia-Pacific business leader, Lin Chen, stated in a post on X that "this week, the performance of ETH ETF was slightly weaker than that of BTC, with a total net outflow of 38.1 million US dollars and a net reduction of 11,846.98 ETH. Although BlackRock and Fidelity continued to increase their holdings, other institutions mainly reduced their holdings. Among them, BlackRock slightly increased its holdings on Friday, while its holdings remained unchanged on other days. Grayscale ETHE continued to significantly reduce its holdings, with a total reduction of 15,306.52 ETH. The current DVOL (volatility index) for ETH is 71.12, and the ETH/BTC exchange rate has rebounded to 0.0371."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin, ether prices dip amid escalating macro fears of prolonged inflation

Bitcoin dipped 5%, and ether fell 8.5% over the past 24 hours.Analysts said recent macroeconomic data have caused concerns over persistent inflation.

The Block2025/01/08 07:33

Solana considers lattice-based scalability and quantum threat solutions to outpace Ethereum

Solana's network upgrades aim to optimize billions of accounts and secure against quantum advances.

CryptoSlate2025/01/08 07:22

Vitalik Buterin champions decentralized defense against AI risks

Buterin emphasizes decentralization in AI safety, advocating for defense-driven technologies over centralized control.

CryptoSlate2025/01/08 07:22