Ethereum ETF outflows hit $170 million as Bitcoin funds add $137 million

Ethereum , the second-largest cryptocurrency by market capitalization, has been struggling to regain momentum following another market downturn that pushed ETH toward $2,300. With investors uncertain about the asset’s short-term prospects, attention has shifted to both institutional flows and technical signals for potential clues on Ethereum’s recovery. ETH traded near $2,320 on October 29, representing a decline of about 2% over 24 hours. This latest setback coincided with the Federal Reserve’s decision to keep interest rates unchanged and growing uncertainty in technology stocks, leading investors to adopt a cautious stance across major risk assets.

Source: CoinTurk News