Ether Liquidity Plummets 40% On Exchanges After ETF Debut

Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. Related Reading: Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane’ Rally That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices.... source: https://www.newsbtc.com/news/ether-liquidity-plummets-40-on-exchanges-after-etf-debut/