Global #Ethereum ETFs

U.S. spot Bitcoin exchange-traded funds (ETFs) faced a notable setback on Wednesday, witnessing outflows totaling $91.76 million. This decline marks the continuation of a negative trend, with two consecutive days of net outflows that raise concerns among investors about market sentiment.

On September 27, the US spot Bitcoin ETF market experienced a remarkable surge, registering an inflow of $494.27 million. This influx marks the seventh consecutive bullish day for Bitcoin ETFs, indicating a strong resurgence of investor confidence in the cryptocurrency market.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on proposed rule changes that would permit options trading for spot Ethereum exchange-traded funds (ETFs).

In just 15 years, the cryptocurrency market has exploded, reaching an impressive market capitalization of $2.09 trillion—double the value from just a year ago.

Recent data reveals that Ethereum ETFs have faced negative flows for the second consecutive trading session, even as Ethereum’s [ETH] price posted gains.

On September 12th, the performance of US spot Bitcoin and Ethereum ETFs presented a stark contrast, highlighting the divergent trends in the cryptocurrency market.