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ETHUSD Tumbles as Spot ETF Outflows Surge and Funding Rates Turn Negative

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The Story

News Summary

  • U.S.
  • spot Ether ETFs faced $77 million in net outflows over two days, while negative funding rates on perpetual markets suggest bearish sentiment.
  • Despite long-term interest in tokenization, current technical and flow data point toward near-term selling pressure on Ethereum.
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Stored market data

ETHUSD price history

2513.85 +24.03% over the displayed period

Advisor Snapshot

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