On October 2, nine Ethereum Futures ETFs hit the market, generating just under $2 million in flows upon release.
Despite a pre-launch increase of around 4.5% to reach $1,734, the price dipped to $1,659 on October 2, resulting in a 4% decline.
Investors are actively engaging in the excitement surrounding ETFs, with recent reports indicating that even inaccurate information about BlackRock registering for an XRP ETF in Delaware led to a surge in prices due to anticipation.
However, when the misinformation was debunked later, data reflected a noticeable increase in the selling of XRP.
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