BREAKING
323d 14h ago

Ethereum Spot ETF Experiences $102.9 Million Net Outflow This Week: Insights from BlockBeats

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

The latest data from Farside, reported on March 22, reveals that the **US Ethereum spot ETF** has experienced significant financial shifts this week. Over the course of five trading days, the ETF faced a staggering **cumulative net outflow** amounting to **$102.9 million**. This consistent trend of net capital outflows underscores the prevailing concerns among investors regarding the current state of the **Ethereum market**. As liquidity continues to dwindle, market analysts are closely monitoring these outflows, which may indicate a broader sentiment affecting the **cryptocurrency ecosystem**. The ramifications of these movements are critical for stakeholders, necessitating a strategic approach to navigate the **volatile market landscape**. Investors are advised to assess their positions carefully as the situation evolves, given the potential implications of declining interest in Ethereum-based financial products.

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