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Ethereum Sees $169M in Outflows, But Traders Aren’t Backing Down on Leverage Bets


Ethereum Sees $169M in Outflows, But Traders Aren’t Backing Down on Leverage Bets

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Ethereum-based investment products recorded their first weekly outflows in five weeks, with $169 million, following steady withdrawals seen each day. Despite this, demand for 2x leveraged Ethereum ETPs stayed strong, which indicated continued trader interest in high-risk exposure.

This comes as overall digital asset investment products attracted $921 million in inflows after several “choppy” weeks. The partial US government shutdown has clouded the macroeconomic outlook, limiting access to crucial policy data and creating uncertainty about the Federal Reserve’s next moves.

Read the article at CryptoPotato

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