Ethereum ETF Outflows Continue, But Price Remains Resilient Amid Resistance
Ethereum ETFs have seen consecutive outflows, with Grayscale reporting a $20.14 million withdrawal. Despite this, Ethereum's price rose by 1%, closing at $2,361. ETH is facing resistance near $2,500, and its near-term trajectory hinges on breaking this level. If successful, Ethereum could rally; otherwise, further ETF outflows may dampen its price growth.
2024-09-17Read