đ„ ETH Plunges 16% in October as Ethereum ETF Outflows Hit All-Time High.
Ethereum dropped 16% in October as ETF outflows hit a record high.
Spot Ethereum ETFs recorded more than $1.6 billion in outflows during the month.
This marks the highest outflow level since the products launched. The decline came as institutional fund withdrawals added heavy selling pressure to the market. Will ETH bounce back in November, or are further losses likely?
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
Ethereum dropped 16% in October as ETF outflows hit a record high.
Spot Ethereum ETFs recorded more than $1.6 billion in outflows during the month.
This marks the highest outflow level since the products launched. The decline came as institutional fund withdrawals added heavy selling pressure to the market. Will ETH bounce back in November, or are further losses likely?
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption