Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Ethereum Price Slides 16% as ETF Outflows Hit $1.18 Billion

Picture: The Market Periodical

Key Insights Ethereum price declined approximately 16% from its September peak, trading around $2,350 on Oct. 25. U.S. spot Ethereum ETFs recorded approximately $1.18 billion in October net withdrawals through Oct. 23. Ethereum staking remained elevated, with 44.1 million ETH staked despite weaker ETF demand. Ethereum price remained under pressure on Oct. 25 as spot exchange-traded fund withdrawals continued weighing on market sentiment. ETH traded around $2,350 after declining from its September high near $2,804. Meanwhile, U.S. spot Ethereum ETFs recorded approximately $1.18 billion in October net outflows.

You are reading an excerpt. The Market Periodical wrote and owns the full article.

Continue reading at themarketperiodical.com