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Related Articles
Ethereum spot ETF had a net inflow of $57.012 million yesterday, with none of the nine ETFs experiencing net outflows.
As of March 12, Ethereum spot ETFs recorded a total net inflow of $57.012 million on March 11, 2023, in Eastern Time, with all nine ETFs experiencing no net outflows. Among them, the Fidelity ETF had the highest net inflow at $19.1332 million, with a total net inflow of $2.333 billion. Grayscale Ethereum Mini Trust ETF followed, with a single-day net inflow of $19.0788 million and a total net inflow of $1.842 billion. Currently, the total net asset value of Ethereum spot ETFs is $11.85 billion, with a net asset ratio of 4.75%.
GateNews7m ago
Mega Financial states "Banks are more cost-effective than stablecoins," sparking controversy; experimental design is biased
Chairman Dong Rui-bin of Mega Financial Holding's experimental conclusion that bank costs are lower than stablecoins for remittances exceeding $7,000 has sparked widespread criticism in Taiwan's crypto community. Critics pointed out that the experimental design was unfair, incorporating unnecessary exchange costs, making the comparison unequal. Financial researcher Yu Zhe-an analyzed that this may reflect the influence of institutional bias on the research. For users actually using stablecoins, the advantages of banks are not as significant as the experiment suggests.
MarketWhisper16m ago
Institutional Conviction Fuels Bullish Ethereum Outlook Despite Brutal Crypto Selloff
Institutional investors appear unfazed by ethereum’s sharp slide from its 2025 peak, as resilient ETP holdings, rising staking participation, and steady accumulation signal that major capital may still be positioning for a longer-term rebound.
Ethereum Bear Market May Mask Massive Repricing
Coinpedia2h ago
A certain whale has withdrawn 63,324 ETH worth $131 million from a certain CEX in the past two days.
Gate News reports that on March 12, on-chain analyst Yu Jin monitored that a certain whale/institution withdrew 44,888 ETH from a CEX yesterday (March 11), and early this morning, it withdrew another 18,436 ETH (worth $38.26 million) from the same exchange. In other words, the whale withdrew a total of 63,324 ETH (worth $131 million) from the CEX over a period of more than one day, at an average withdrawal price of $2,072. These ETH are currently stored across four different wallets.
GateNews3h ago
Pump.fun registers subdomains on Base, BSC, Monad, and Ethereum, or will expand to multiple chains
Gate News Report, March 12 — According to on-chain data monitoring, Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum. At the same time, Pump.fun also removed the Solana logo from its X platform account homepage. The market believes these actions may be early signals of the platform's multi-chain expansion.
GateNews3h ago
