Ethereum ETF Sees $105M Surge Amidst Shadows of a Death Cross
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Investor sentiment towards Ethereum has waned. Bitcoin has emerged as the safe haven of choice. Technical indicators had signaled bearishness amid market uncertainty. The crypto market has witnessed a tumultuous week as spot Ethereum ETFs navigated choppy waters. This new investment vehicle, designed to mirror Ethereum's price, has been a magnet for both capital and curiosity. BlackRock, the financial titan, has emerged as a dominant force, its Ethereum ETF drawing investors like moths to a flame. Yet, beneath this alluring glow, a complex narrative unfolds. Grayscale's Ethereum Trust, a seasoned player in the crypto investment arena, has encountered a
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9M ago•
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