bitcoin ·
Ether falls 8.5% to $2,220, US ether ETFs see $99.9 million net withdrawals Nov 5
On November 5th, US ether exchange-traded funds experienced a net outflow totaling $99.9 million, a reversal of the $53 million inflow observed the preceding day.
Concurrently, the price of Ether declined by 8.5%, settling at $2,220, trailing behind Bitcoin's performance.
The observed shift in capital flows within US ether ETFs indicates a change in institutional sentiment regarding the asset's near-term trajectory. This movement reflects broader market dynamics influencing the reception of Ethereum derivatives by market participants.
