Ether ETF Outflows Reach $1.08 Billion in October
US spot Ether ETFs recorded $1.08 billion in net outflows since the start of October, including $26 million on Tuesday, according to SoSoValue data.
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US spot Ether ETFs recorded $1.08 billion in net outflows since the start of October, including $26 million on Tuesday, according to SoSoValue data.
Bitcoin has rebounded to early-January levels as spot ETF inflows and softer Fed expectations support risk assets. The article says Senate lawmakers failed to advance the Clarity Act, while the SEC and CFTC continued proposing crypto market-structure rules.
Ether dropped 4.4% to as low as $2,572 as elevated Treasury yields weighed on risk appetite. Analysts said weaker institutional demand and recent spot ETF outflows were adding pressure.