Spot Ethereum ETFs Launch Causes Market Dip, Analysts Remain Cautious

The recent launch of spot Ethereum exchange-traded funds (ETFs) has triggered a noticeable market reaction, with Ethereum (ETH) prices dropping by 6%. Traders are increasingly shorting ETH, leading to a rise in open interest as prices decline. The launch has sparked concerns among analysts about its timing and potential effects on the broader crypto market. … Continue reading “Spot Ethereum ETFs Launch Causes Market Dip, Analysts Remain Cautious” The post Spot Ethereum ETFs Launch Causes Market Dip, Analysts Remain Cautious appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics