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Bitcoin Rebounds To $67K, Ethereum To $3,250: Are ETFs Buying Again?

Benzinga ·  Jul 26 20:01

Bitcoin(CRYPTO: BTC) has rebounded back above $67,000 thanks to Bitcoin ETFs gaining traction while Ethereum ETFs face headwinds.

What Happened: Data from July 25 reveals a net outflow of $152 million from Ethereum spot ETFs, highlighting a growing investor apathy towards the world's second-largest cryptocurrency.

This trend highlights the evolving investor sentiment in the digital asset space and raises questions about the future of Ethereum as an investment vehicle.

According to recent data, Ethereum spot ETFs saw a total net outflow of $152 million on July 25.

TheGrayscale Ethereum Trust (NYSE:ETHE), a major player in the space, bore the brunt...

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