113K ETH Accumulated by Holders Outpacing Spot ETF Inflows

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Industry experts does not anticipate a dramatic capital deployment initially and will instead fluctuate on the basis of various macroeconomic factors.

Ether’s has failed to gain any upward traction despite the hype around it. Instead, the altcoin ended up shedding nearly 2% over the past 24 hours as it hovered near $3,460 despite a strong debut for spot Ethereum ETFs. This tepid price movement contrasts with the strong trading activity recorded by these new investment vehicles on the very first day.


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