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U.S. Spot Ether ETFs Set Monthly Outflow Record at $1.61 Billion

U.S. Spot Ether ETFs Set Monthly Outflow Record at $1.61 Billion

Photo: TokenPost

U.S. spot Ether (ETH) exchange-traded funds (ETFs) recorded $1.6072 billion in net outflows during October, the largest monthly total in the daily record. A composite ETH/USD feed showed $2,281 at 2:48:29 a.m. ET (7:48:29 UTC) on Nov. 2. One chart-based scenario places $2,315 as an intervening level, with $2,415 as an upper reference and $2,170 as a lower reference. The scenario is conditional, and its levels are not consensus targets. The $2,170 reference matches Ether’s low on Oct. 30. October’s total covered 22 U.S. trading sessions from Oct. 1 through Oct. 30.

Source: TokenPost

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