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59 Greed

Ether ETF outflows continue as ETH trades below $2,500

Ether ETF outflows continue as ETH trades below $2,500 Image: Bitcoin.com News
Image via Bitcoin.com News.

Ether traded below $2,500, with a recent price near $2,485 reported. Ether ETFs extended redemptions, with one citing an eighth straight day and another citing a seventh. Bitcoin ETF flows varied by day, with Thursday selling reported, and combined bitcoin and ether ETF outflows neared $965 million over two sessions. Thailand's SEC issued rules allowing locally listed crypto ETFs, initially for bitcoin and ether.

Key points

  1. Ether ETF redemption streaks were described as seven straight days and eight straight days.
  2. Ether ETFs extended redemptions, with one citing an eighth straight day and another citing a seventh.
  3. Thailand's SEC issued rules allowing locally listed crypto ETFs, initially for bitcoin and ether.

Why it matters

Ether traded below $2,500 while ether and bitcoin ETFs saw redemptions and higher trading activity. The reports describe institutions reducing exposure amid the outflows.

Price context · ETH

At publication
$2,481.86
Now
$2,489.37
Change since
+0.30%
7 days · dashed line = publication

Sources · 3 publishers

Coinpedia Tier 3 First report
XRP Whale Outflows From Binance Hit Seven-Month High as Price Nears $1.40
CoinCentral Tier 3
Ethereum Price: ETH drops below $2,500 as ETF Outflows Reach $565 Million Over Seven Days
Bitcoin.com News Tier 2
Bitcoin, Ether Prices Hit by ETF Selling as 2-Day Outflows Near $1 Billion

Coverage timeline

  1. First reported by Coinpedia
  2. Confirmed by CoinCentral
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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