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Ethereum ETF Sees $26.3M Outflow, XRP Rises, Interest in BlockDAG

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by Giorgi Kostiuk

6 hours ago


The cryptocurrency market has seen significant changes: Ethereum ETF outflows, XRP growth, and interest in BlockDAG's bonus program.

Ethereum ETF Outflow

According to Farside Investors, BlackRock's Ethereum ETF experienced an outflow of $26.3 million. This occurred on March 5, as Ethereum's price dropped from $3,540 to $3,450, marking a 2.5% decrease from the previous day. Ethereum's trading volume over the past day was reported at $15.6 billion, a 10% decrease compared to the weekly average of $17.3 billion.

XRP's Growth and SEC Prospects

Anticipation is building towards the upcoming White House Crypto Summit, with significant interest in XRP. The price of XRP surged to $3.0018 before stabilizing at $2.2139. There is speculation that the SEC might reconsider its actions against XRP, which could materially affect the cryptocurrency's future.

BlockDAG's BDAG800 Program

BlockDAG has captured attention with its BDAG800 bonus offer, allowing purchases with a 400% increase. Currently, the presale exceeds $202.8 million, with over 18.7 billion coins sold. The anticipated listing on 10 major exchanges is expected to enhance the coin's value and market cap.

Shifts in investor sentiment have led to an Ethereum ETF outflow affecting its price, while the XRP community remains optimistic about its future. Meanwhile, BlockDAG has garnered attention with its bonus program, promising significant coin value increases.

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