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21Shares is shutting down two crypto ETFs due to falling inflows and competition. Despite the shutdown, the crypto ETF market is growing thanks to new filings and staking approvals.

Coinglass data shows that on March 14, on the Crypto Assets Spot list, XRP had a net inflow of $32.31 million, ranking first; on the Crypto Assets Spot list, DOGE had a net outflow of $31.53 million.

After the weekly level adjustment, it may also be upgraded to a monthly level adjustment, ETH is a typical example. So a few months ago, it was already in a death spiral, a trend that last occurred during the 2022 global bear market. On the short-term level, there is not even the most basic daily candlestick level rebound, all rebounds are at the 2-6 hour level. Therefore, there has not been a decent rebound for a long time, occasionally only a long wick candlestick spike upwards stimulated by the news, and then quickly falls back, just like taking Viagra is as ineffective as taking a laxative

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​💓 Join now ⏬
​1. Share crypto news, market trends, and insights.
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​📌 The Trading Fee Rebate Voucher is valid for 30 days.
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📣 Gate Post Crypto Observers Call to Action!
​5 high-quality posts will be selected, and each winner will receive a $50 Trading Fee Rebate Voucher every Friday!
​
​💓 Join now ⏬
​1. Share crypto news, market trends, and insights.
​2. Use the #CryptoObservers tag to participate.
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​📌 Winners will be announced every Friday, with rewards distributed the same day.
​📌 The Trading Fee Rebate Voucher is valid for 30 days.
​📌 Note: Only posts with the #CryptoObservers tag are eligible for rewards.
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