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Ethereum News: Why Ether’s Liquidity Is Plummeting Despite ETF Launch

Ethereum News: Why Ether’s Liquidity Is Plummeting Despite ETF Launch


coinpedia
2024-09-06 10:05:33

The post Ethereum News: Why Ether’s Liquidity Is Plummeting Despite ETF Launch appeared first on Coinpedia Fintech News Following the introduction of spot ether ETFs in the U.S. on July 23, the liquidity in the ether market has dropped significantly. The average 5% market depth for ETH pairs on U.S.-based exchanges has fallen by 20%, now around $14 million. This figure has decreased by 19% on offshore platforms, bringing it to approximately $10 …


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