Ethereum ETFs See All-Time High Outflows as ETH Price Crashes
Check out the provided link to make sure you earn a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal The promise for "Uptober" failed ETH as well. Ethereum witnessed one of the sharpest declines in October, despite the positive but brief start to the month, tanking by over 16%. A large portion of those losses came because of the ETF outflows, which hit an all-time high, with over $1.6 billion leaving the funds. ETH Failed in October Similar to the bitcoin landscape, the leading altcoin entered October following three very successful months. After its early July low at $1,500, the asset rebounded swiftly during that month and ended it with a substantial 18.52% surge. Then came the mid-August breakout rally that drove the alt higher, posting a 32.60% surge. The streak extended in September with another 8.79% increase. October indeed started with a minor leg up that pushed ETH close to the $2,800 resistance. The rejection t...