Bearish
Ethereum ETFs see $70.62 million outflows, ending five-day inflow streak.
In the past 24 hours, Ethereum exchange-traded funds (ETFs) experienced significant outflows, reversing a five-day inflow trend. This shift indicates a potential decrease in investor confidence.
Key points
- Ethereum ETFs recorded $70.62 million in net outflows on July 24, ending a five-day inflow streak.
- Polymarket traders assign a 17% probability to Ethereum reaching $3,000 by December 31, 2026.
- Technical analysis suggests Ethereum may correct to $1,700 before rallying to $2,450.
Sources
AI-generated from public news sources. Not financial advice.
