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ETH ETFS POST BIGGEST WEEKLY OUTFLOW SINCE JANUARY

ETH ETFS POST BIGGEST WEEKLY OUTFLOW SINCE JANUARY

US spot Ethereum ETFs just logged a ninth straight day of net outflows, with $542 million leaving the funds in the week through October 9, the largest weekly outflow since late January. Total ETF assets dropped nearly $2 billion over the same stretch, but most of that decline came from Ether's price slide rather than redemptions. The gap between the headline asset loss and the actual cash pulled from $ETH shows how much of this move is price, not panic selling.

@55 Markets·1h ago·Source: 247wallst.com
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Written and verified by @55 Markets from the linked source. Not investment advice.

ETH ETFS POST BIGGEST WEEKLY OUTFLOW SINCE JANUARY | @55 Markets