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Ethereum ETF Sees Major Inflow: A Sign of Renewed Investor Confidence?

Ethereum ETF Sees Major Inflow: A Sign of Renewed Investor Confidence?

The Defiance Leveraged Long Income Ethereum ETF, known by its ticker ETHI, has recently experienced a significant inflow of $1,049,475. This latest movement represents a substantial 26.02% of the fund’s current assets under management (AUM), which stands at $4,033,970.

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Over the past year, the ETF has seen a net outflow of approximately -55.45%, highlighting a challenging period for the fund amidst fluctuating market conditions.

The related asset, ETH-USD, is currently trading at $3,183.4. Over the last five days, Ethereum has appreciated by 1.03%, although the one-day technical signal suggests a Sell recommendation.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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