Markets· ★★★· bearish·

Ethereum at $2,500 as ETF Outflows Hit Nine Straight Days

  • —Ether fell over 7% on the week, sliding from $2,712 to $2,500
  • —ETH ETFs saw a ninth straight day of outflows: about $700 million, $542 million for the week
  • —BlackRock's ETHA drove 88% of outflows, including $201.9 million on Tuesday
  • —Glamsterdam passed its first test on Sepolia, lifting the gas limit from 60 million to 200 million
Why it matters: Persistent ETF outflows and rising exchange deposits weigh on price; the $2,480 support will set the next move.
#ETH#BTC
Source: Bithub
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