#

Market Cap
24h Vol
5693
Cryptocurrencies
57.29%
Bitcoin Share

Ether liquidity drops 20% on exchanges post-ETF

Ether liquidity drops 20% on exchanges post-ETF


Cryptopolitan
2024-09-06 16:22:34

Ether liquidity has plummeted 20% since the debut of nine Ethereum ETFs on July 23. Despite Bitcoin’s success with spot ETFs earlier this year, the Ethereum market didn’t experience the same. Data from CCData shows that the 5% market depth for ETH pairs on American centralized exchanges has dipped to $14 million. Offshore, the situation


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.