Heavy Losses in Ethereum ETFs

A Sudden and Sharp Decline in Ethereum ETFs

 

Ethereum ETFs have experienced a sharp decline in recent days,

with outflows exceeding $80 million.

This decline followed inflows

of more than $300 million into Ethereum.

The fund that saw the most outflows was

Fidelity FETH, which experienced a drop of more than $69 million.

In addition, Bitcoin has seen strong outflows

exceeding $470 million in recent days.

Ethereum is currently trading near $3,780,

and is expected to experience further declines,

potentially reaching levels close to $3,570.