Markets· ★★★· bearish·

Ethereum Falls 7% as ETH ETFs Post Worst Weekly Outflows Since January

  • —ETH fell more than 7% over the seven days to October 10
  • —Spot ETH ETFs saw their worst weekly outflows since January
  • —The price decline coincided with weakening demand for ETH funds
Why it matters: Sustained ETF outflows weigh on Ethereum's price and point to weak institutional demand.
Source: Cryptonews.net