Ethereum Struggles with Losses and ETF Withdrawals This Week
Ethereum ETFs lost $186 million this week as more people took money out than put in. The total value of Ethereum ETFs is now under $12 billion.
Fidelity’s FETH had the biggest outflow at $276 million, but BlackRock’s ETHA saw $124 million inflow.
Ethereum’s price dropped 9% this week, following a general market decline.
It’s now priced at $3,287, and it needs to go past $3,350 to start going up again.
