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Continued Outflows in Ethereum ETFs and Expansion of Short Positions

BeInCrypto ·

  1. 1Investors recorded $56.1 million in outflows from US spot Ethereum ETFs on October 9.
  2. 2Cumulative outflows from Ethereum funds have reached $697 million since September 29.
  3. 3Analyst Ted Pilow noted that short positions of $5 billion overwhelm long positions of $1.53 billion.

So what's the key point?

Investors recorded $56.1 million in outflows from US spot Ethereum ETFs on October 9.

Source BeInCrypto · View original ↗

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