Invesco Galaxy Ethereum ETF Sees Significant Outflow Amid Market Volatility
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The Invesco Galaxy Ethereum ETF (QETH) experienced a notable outflow of $2,405,920, representing 13.07% of its current assets under management (AUM) of $23,805,367. This substantial movement reflects ongoing market volatility and investor sentiment shifts.
Over the past five days, the net flow for QETH has been positive at 8.53%, while the one-year net flow remains negative at -10.67%, highlighting a turbulent year for the ETF.
Related to this ETF, Ethereum (ETH-USD) is currently priced at $2,912.94, with a 5-day price increase of 3.81%. The 1-day technical signal for Ethereum is Sell, indicating potential short-term bearish trends.
Investors can explore more detailed analysis and sentiment trends on QETH and ETH-USD pages.