![Ethereum ETFs Launch Marred by Outflows and Crypto Market Woes](/content/images/size/w600/2024/07/e6c6d0e8-34d6-483f-8f80-0a0214bd0b0c.png)
Finance
Ethereum ETFs Launch Marred by Outflows and Crypto Market Woes
The launch of Ethereum exchange-traded funds (ETFs) has coincided with significant volatility in both cryptocurrency and traditional stock markets. The Nasdaq index experienced its most substantial drop in months, which paralleled a 3.5% decline in the cryptocurrency market over the past 24 hours. Bitcoin, for example, saw its value