List of Flash News about Ethereum price pressure
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2025-05-29 22:19 |
Ethereum ETF Outflow: Grayscale ETHE Sees $4.6 Million Daily Outflow – Crypto Market Impact and Trading Insights
According to Farside Investors (@FarsideUK), Grayscale's Ethereum Trust ETF (ETHE) reported a significant daily outflow of $4.6 million on May 29, 2025. This negative flow indicates increasing bearish sentiment among institutional investors regarding Ethereum-based products. Traders should monitor this trend closely, as sustained outflows from ETHE could apply downward pressure on Ethereum spot prices and signal weakening institutional confidence in the short term. For detailed data and disclaimers, refer to farside.co.uk/eth/ (Source: Farside Investors Twitter, May 29, 2025). |