The Rocky Debut of Ethereum ETFs: A Test of Market Resilience

The U.S. introduction of Ethereum ETFs received a turbulent reception, affecting the broader crypto markets. Initially met with optimism, these ETFs faced a swift reality check. Ethereum’s value fell by 8%, while Bitcoin also dropped to slightly over $64,000. These changes were underscored by significant fund withdrawals, reaching $133 million in just one day, suggesting […]