In Brief Ethereum-backed ETFs saw their seventh consecutive week of net outflows, with $82.47 million withdrawn in the past week. ETH price dropped by 11% last week, with bearish indicators suggesting a potential drop below $1,500. Lack of institutional support and selling pressure may prevent a short-term price rebound for Ethereum. Ethereum ETFs have closed…
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In Brief Ethereum hits $4,089, its highest price in nearly three years, fueled by record ETF inflows. US Ethereum ETFs see $428.4M net inflow in one day, marking their largest weekly inflow since launch. Institutional interest grows, with state pension funds and firms like BlackRock leading investments. Ethereum (ETH) surged to its highest price in…
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