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Bloomberg ETF Analyst: ETHA's Second Trading Day About the Same as First, a Good Sign

Bloomberg ETF Analyst: ETHA's Second Trading Day About the Same as First, a Good Sign

Bitget2024/07/24 22:36

The spot ethereum ETF ETHA traded about the same volume on its second trading day as the first day, or even slightly more, Bloomberg ETF analyst Eric Balchunas said on X. This is a good sign, as many times after the first day of hype, there is a sharp drop.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The yield on the US 10-year Treasury has fallen below the key psychological level of 4% for the first time since April.

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Thursday was $696 million.

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