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Ether ETFs fail to spark interest in disappointing debut week

Six eagerly-awaited ETFs offering exposure to ether futures contracts attracted less than $10 million during their first week of trading.

Ethereum since Shanghai is worse on at least a half dozen benchmarks

Since Shanghai activated in April, Ethereum’s market capitalization, daily transactions, active addresses, and TVL have all declined.

Fenix International, the parent company for OnlyFans, has detailed an $8 million loss on its investment into ether.

Ethereum has numerous links to China, including a director who built Chinese-language apps and a translation of its whitepaper into Mandarin.