Ethereum reserves on Binance hit five-year low as ETH price falls
Ethereum reserves on Binance fell to about 2.9 million ETH, according to CryptoQuant, even as ETH dropped near $1,800 amid ETF outflows and heavy selling.
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Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
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