Weak Demand for Ethereum: 23 Consecutive Days of ETF

Ethereum news reveals 23 consecutive days of ETF outflows, highlighting weak investor demand. Here's why traders are concerned. Ethereum is currently experiencing significant challenges as ETF investors withdraw from the market. According to a recent tweet from @glassnode, US spot Ethereum ETFs have now recorded 23 consecutive days of outflows, the longest streak since their inception. This trend suggests a weakening demand from traditional investors who had heavily bought into Ethereum during the previous months, raising concerns about future price movements.

Source: Coinfomania