Ethereum ETF Outflows Increase, Suggesting Shifting Institutional Demand

Following an extended period of inflows into Ethereum exchange-traded funds (ETFs), investors are experiencing a decline in participation. This shift comes as the price of ether (ETH) has cooled down from its recent high, hovering around 15% below its all-time record. Bitcoin (BTC), meanwhile, continues to trade within a tight range between $108,000 and $113,000. Analysis by Bitfinex Alpha highlights the role of these products in recent price movements.