Market News / Story
Ethereum ETFs See Biggest Outflow in 3 Weeks as Demand Stays Under Pressure
Beincrypto ·
Beincrypto reports: US spot Ethereum exchange-traded funds (ETFs) saw $201.9 million in outflows on October 6, the largest daily outflow since mid-September. It marked their sixth straight day of withdrawals, while Bitcoin funds took in $118.9 million. ETH’s price held steady for most of that streak. However, as demand weakens, how long can the altcoin stay resilient? How Deep Does the Ethereum ETF Bleed Run? SoSoValue data shows the streak began on September 29 and has pulled $407.8…