Ethereum ETFs Record Biggest Outflows Since July in Sign of Low Institutional Appeal
The outflow comes despite a broader crypto market rally fueled by recent Federal Reserve rate cuts that helped lift ether prices by 11% over the past week.
Ether ETFs experienced the largest outflows since July, with over $79 million exiting on Monday.
The outflows were predominantly from Grayscale’s Ethereum Trust (ETHE), while Bitwise's ETHW saw minor inflows,...