Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%
Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.
Binary trading platforms with better performance and payouts
ether etf
Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData.
Many of the largest decentralized exchanges (DEX) tokens posted gains on Tuesday.
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
The boss of Japan’s Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds.
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.
Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
More than $1.5 billion of exits from Grayscale’s high-fee Ethereum Trust more than offset inflows into the other spot products.
AAVE is surging following a token buyback proposal.
Solana’s SOL and Ripple’s XRP were notable outperformers.