Crypto Traders Yanked Cash From ETH Merchandise Regardless of a Clean Ethereum Merge - CoinDesk

Funding merchandise tied to ETH noticed a fourth straight week of outflows within the interval ended Sept. 16, with the quantity eliminated exceeding new cash added by $15.4 million, in keeping with CoinShares. This was not an across-the-board pattern in crypto. Funds that spend money on ETH’s greater rival, bitcoin (BTC), broke a five-week streak of outflows as traders added a web $17.4 million.

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