CoinRank Crypto Digest (3/13)｜Ethereum Spot ETF Sees Outflows for 6 Consecutive Days

KEYTAKEAWAYS

TABLE OF CONTENTS

• KEY TAKEAWAYS
• DB ACCOUNT HACKED, FAKE NEWS PUBLISHED
• ETHEREUM SPOT ETF SEES OUTFLOWS FOR 6 CONSECUTIVE DAYS
• FORMER NY FED PRESIDENT: TARIFF IMPACT MAY EXCEED MARKET EXPECTATIONS
• DISCLAIMER
• WRITER’S INTRO

CONTENT

DB ACCOUNT HACKED, FAKE NEWS PUBLISHED

According to Tree News, the DB (@tier10k) account has been hacked and used to spread fake news. This includes false reports about BlackRock iShares applying for a spot HYPE ETF.

Analysis:

Be cautious with market rumors! Avoid blindly following news that could affect investment decisions. Always cross-check sources to prevent misinformation.

ETHEREUM SPOT ETF SEES OUTFLOWS FOR 6 CONSECUTIVE DAYS

On March 12 (ET), Ethereum spot ETFs recorded a total net outflow of $10.4 million, marking the sixth consecutive day of outflows.

• Fidelity Ethereum ETF (FETH) had a $3.75 million net outflow, with a historical net inflow of $1.43 billion.
• Grayscale Ethereum Mini Trust ETF (ETH) saw a $3.54 million net outflow, with a historical net inflow of $606 million.

Analysis:

The continued outflows from Ethereum spot ETFs suggest that institutions are cautious in the short term. Ethereum may underperform Bitcoin, unless new demand in the ETH ecosystem reverses the trend.

FORMER NY FED PRESIDENT: TARIFF IMPACT MAY EXCEED MARKET EXPECTATIONS

Bill Dudley, former New York Fed President and now a member of Coinbase’s Global Advisory Council, stated that markets currently expect slower growth to dominate.

Despite the sharp decline in U.S. stocks, expectations for Fed rate cuts are rising. This suggests that investors believe tariff-driven price increases won’t stop the Fed from easing policy.

However, this view has two major flaws:

1. The labor market and wage pressure may not weaken as much as expected, even with an economic slowdown.
2. If tariffs raise inflation expectations, the Fed will struggle to ignore the price pressure. The scale of tariff increases is much larger this time, and after years of missing the 2% inflation target, this could further delay the Fed’s goal.

Analysis:

When market expectations are too one-sided, it’s important to consider alternative scenarios.

Also Read：

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CoinRank Crypto Digest (3/11)｜Bitcoin Volatility Has Risen to 3.20%

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