US Ethereum ETFs Witness $10.9M Drain as ETH Dips to $2,400

U.S. spot Ethereum exchange-traded funds (ETFs) experienced a net outflow of $10.9 million on Friday amid a broader crypto market downturn. Grayscale’s ETHE led the outflows, with $11.4 million withdrawn as investors reassessed their positions during market uncertainty. In contrast to Grayscale’s losses, Invesco’s QETH ETF recorded a modest net inflow of $0.5 million yesterday, The post US Ethereum ETFs Witness $10.9M Drain as ETH Dips to $2,400 appeared first on Coin Edition .

Source: Coin Edition