
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