Ether ETFs Experience Significant Outflows Amidst Price Slump

Ethereum exchange-traded funds (ETFs) suffered significant outflows last week, marking a major shift in investor sentiment. Monday’s $200 million outflow represents the second largest daily loss since launch, following a period of record inflows that peaked at $3.7 billion in August. Analysts attribute this trend to a decline in ETH prices and increased selling pressure from institutional investors.