Bitcoin Tops $35,000 - 6 Potential Catalysts For The Sudden Crypto Craze
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The weak crypto market is wobbling through autumn. And winter's on its way. The long-anticipated U.S. launch of a group of exchange-traded funds tracking ether offered fresh evidence... -October 17, 2023 at 01:10 am EDT - MarketScreener
The long-anticipated U.S. launch of a group of exchange-traded funds tracking ether offered fresh evidence of the malaise at a time when investors are running from risk amid economic gloom and war in Ukraine and the Middle East. The six ETFs launched on Oct. 2 offering exposure to ether futures contracts pulled in just under $10 million in their first week of trading, according to CoinShares data. "The timing of the futures ETFs could hardly be worse," said Vetle Lunde, senior analyst at K33 Research.
Investors are running from risk amid economic gloom and war in Ukraine and the Middle East
Bitcoin was little changed at $27 677 as of 11 a.m. in Singapore on Tuesday.