Ethereum price remained near $2,250 on Oct. 31 as exchange-traded fund withdrawals deepened. U.S. spot Ether funds lost $155.7 million on Friday, according to Farside Investors. The decline accompanied...
Summary
- The decline accompanied weaker decentralized finance deposits and a bearish technical assessment.
- Spot ETH ETFs Had the Worst Month Ever American investors dumped their Ethereum ETFs this month, a sign that many of them expect the coin to continue falling.
- Data shows that these funds shed over $1.6 billion in assets this month, the worst performance ever.
- Before that, the worst month was in November last year when they lost over $1.42 billion.
Automatic summary based on the original source. Content rights belong to the publisher. Centro Blockchain is not responsible for opinions published by third parties.
