The fall of Ethereum has led to a widespread decline in altcoins, with Spot ETFs recording net outflows, and Crypto Assets stocks also experiencing a general drop.

GateNews
ETH-0,63%

According to BlockBeats news on August 16, as the prices of Bitcoin and Ethereum have retreated, alts generally followed suit. Among them: ETH has fallen 4.27% in the last 24 hours, currently quoted at $4435; ARB has fallen 8.15% in the last 24 hours, currently quoted at $0.48; CRV has fallen 5.57% in the last 24 hours, currently quoted at $0.8713; EIGEN has fallen 5.67% in the last 24 hours, currently quoted at $1.348. In terms of spot ETF data, yesterday, both Bitcoin and Ethereum spot ETFs in the U.S. recorded net outflow data, with Bitcoin ETF net outflow of $14.01 million and Ethereum ETF net outflow of $59.30 million. Excluding the net inflow data of BlackRock ETF, other Bitcoin ETFs had a total net outflow of $128.5 million, while Ethereum ETFs had a total net outflow of $397.4 million. Regarding U.S. stock cryptocurrency stocks, the three major stock indexes closed mixed on Friday, with cryptocurrency stocks generally falling. The new stock Bullish (BLSH) fell 6.82%, Bitmine (BMNR) fell 4.37%, and SharpLink Gaming (SBET) fell 15.50%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments