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Behind Ether's Funding Outflow, XBIT Insights into Market Signals, Digital Currency Exchange Landscape to Change
Madisondegen
Madisondegen
04-14 18:36
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Behind Ether's Funding Outflow, XBIT Insights into Market Signals, Digital Currency Exchange Landscape to Change
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According to reports, from April 7 to April 11, EST, the Ethereum spot ETF had a net outflow of $82.47 million in a single week, and this outflow of funds has continued for seven weeks, which undoubtedly adds more uncertainty to the Ethereum market, which is already full of variables. The XBIT decentralized trading platform has shown strong risk resistance in the face of market fluctuations. Unlike Ethereum, which is more affected by macro policies, institutional positions and other factors, the strong correlation between the platform and its own ecology reduces the impact of external fluctuations.

A deeper look at the performance of major Ethereum spot ETFs reveals an interesting phenomenon: Blackrock’s Ethereum ETF ETHA became one of the few products to achieve net inflows last week, with a weekly net inflow of $977,000, and its historical total net inflow was as high as $4.05 billion.

In the cryptocurrency market, the choice of trading platform is crucial for investors. There are many digital currency exchanges, among which the well-known ones are Binance, Huobi HTX, and Ouyi. The XBIT decentralized exchange platform has unique advantages among many exchanges. When facing market fluctuations, the price performance of the platform will be more stable, which can provide users with a more stable return on investment.

In addition, the XBIT decentralized exchange platform has formed a positive cycle of "increased trading volume → increased profits → accelerated deflation" through the profit repurchase and destruction mechanism, further enhancing its market competitiveness. As a giant in the global financial community, BlackRock has deep roots and widespread investor trust in the traditional financial market. The ETHA it launched can attract capital inflows, largely due to the brand effect and professional investment strategy. Investors often believe that BlackRock has unique insights in risk management and market research and are willing to follow its steps into the field of cryptocurrency.

However, Fidelity's Ethereum ETF FETH suffered a completely different fate, with a net outflow of up to $45.04 million last week. In terms of trading experience, the XBIT decentralized exchange platform intelligently aggregates liquidity, seamlessly connects top DEXs such as Uniswap and PancakeSwap, automatically selects the best trading path, and the spread is as low as the industry's leading level. In addition, BNB chain transactions also enjoy 3 zero-gas fee quotas per day, reducing the cost of high-frequency transactions.

      

Although the total net inflow of FETH has reached 1.37 billion US dollars, the recent large outflow of funds shows that investors' confidence in it has been shaken. This may be related to Fidelity's layout strategy in the cryptocurrency market, or it may be affected by the market's overall expectation change for Ethereum.

Looking at Grayscale's Ethereum Trust ETF ETHE, the weekly net outflow was $28.32 million, and the total historical net outflow has reached $4.23 billion. Similar to traditional stock exchanges, digital currency exchanges use complex algorithms to ensure that buyers and sellers can complete transactions here efficiently, fairly and impartially. Grayscale has always been influential in the cryptocurrency field, but the continued net outflow of its ETHE product may imply that the market is re-examining its investment model and asset allocation.


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