Ether ETFs Have Given Back 62% of This Year's Inflows as Wall Street Cools on Ethereum
- —Ether ETFs have returned 62% of this year's inflows
- —ETH trades near $2,400, below key moving averages
- —Outflows from ETH funds have persisted for a third straight week
Why it matters: Sustained ETF outflows add pressure on ETH price and point to weakening institutional demand for the asset.
Source: Google News (crypto query)
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