- Comprar cripto
- Mercados
- Futuros
- Spot
- Copy trading
WE-Launch
Matrixport: Ethereum Buy-Side Structure Concentrated, or Significant Pullback Possible
BlockBeats News, November 3rd, Matrixport commented on the market, stating that Ethereum ETF performance remained flat this month. Looking back at historical data, July and August saw strong net inflows of $5.2 billion and $4.3 billion, respectively; September plummeted to $0.3 billion, October only $0.6 billion, with limited follow-up funding. Recent buying pressure has been concentrated, mainly contributed by Bitmine.
If there is a lack of new institutional funds entering, ETH may still maintain its range-bound trading, and there may even be a possibility of a deeper pullback. Bitmine's Net Asset Value (NAV) is slightly above the issuance level, allowing for further share issuance to attract incremental funds, but this would dilute existing holders' equity; its sustainability is questionable.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Federal Reserve of Boston: Rate Cut Carries Risks, Could Feed 'Inflation Monster'
Federal Reserve Bank of Boston: Inclined to Keep Federal Funds Rate Unchanged
Detailed Explanation of SEC Chairman's Cryptocurrency Asset Classification: NFTs, Utility Tokens, and Digital Tools Are Not Securities
ZEC Sees Largest Short Position on Hyperliquid in Over a Month, with Floating Losses Narrowed to $6.5 Million
The probability of a government shutdown ending in the United States within the next 15 days has surged to 98%.
Atención al cliente：@weikecs
Cooperación empresarial：@weikecs
Trading cuantitativo y MM：[email protected]
Programa VIP：[email protected]
App