#CriptoNoticias Why are Ethereum ETFs failing?

These investment funds are not attracting the capital that many expected nor are they positively impacting the price of ether (ETH). The exchange-traded funds (ETFs) of ether (ETH), the native currency of Ethereum, debuted in the market in July 2024, surrounded by great expectations from their community.

However, nine months later, these financial instruments have not achieved the anticipated success and, consequently, their impact on the price of ETH has been practically null or negative. In the following image, you can see how the price of ETH (blue line) has been falling since its debut in the market. At that time, the price was $2,500. At the time of this note's publication, the price of the second most valuable cryptocurrency in the market is $1,760.