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Ethereum Investors Left Reeling After Breathtaking 26% Price Drop Because Apparently You Cant Just Print More Money and Expect Everyone to Keep Buying Your Shiny New Toy

An illustration of a plummeting stock market graph with falling arrows and dollar signs scattered around it, while a lone figure stands at the bottom looking up at a distant mountain range labeled "Expectations", but instead shows only rocks and dust in place where a shiny new toy would be expected. The sky above is darkened by clouds shaped like money bags that are bursting open to reveal empty pockets inside

The great Ethereum ETF experiment has officially ended with a whimper, not a bang. It’s like watching a friend invest all their savings into Beanie Babies and then wondering why they’re broke when the fad passes.

Source: cointelegraph

The Ether price has been in a significant downtrend despite the historical launch of the first spot Ether exchange-traded funds (ETFs) in the United States. During the past month, the price of Ether (ETH) fell over 26% to trade at $2,572 as of 10:11 am UTC on Aug. 19, according to Cointelegraph data. ETH/USD, 1-month chart. Source: Cointelegraph Despite the much-awaited launch of the first spot Ether ETFs, the historical […]

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