Home BlockchainETH ETF Outflows Top $242M Despite Ether Holding $2K

ETH ETF Outflows Top $242M Despite Ether Holding $2K

by CoinTelegraph
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Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.

Key takeaways:

  • Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.

  • High interest rates and rising ETH supply make the current staking yield less attractive for long-term holders.

Ether (ETH) price has failed to sustain levels above $2,150 since Feb. 5, leading traders to fear a further correction. Investor…

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