Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Might Lower Rates Be The Cure For Higher Prices?

July 10, 2025

How Long Does Mortgage Pre-Approval Take?

July 10, 2025

Market volatility recedes as investors brush off Donald Trump’s tariff threats

July 10, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Thursday, July 10
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Crypto»Ethereum ETFs struggle: Is the market losing interest in ETH?
Crypto

Ethereum ETFs struggle: Is the market losing interest in ETH?

September 18, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

  • Weak demand for ETH seen amid Ethereum ETF outflows, signaling waning investor interest.
  • Despite Open Interest decline, top traders remain bullish, hinting at a potential market shift.

Recent data shows continuous outflows in Ethereum [ETH] ETFs, contradicting earlier expectations of increased demand through ETFs.

Analysts point to these outflows as a possible cause for ETH’s bearish trend in recent times.

Wu Blockchain reported a peak in Ethereum spot ETF net outflows at $15.114 million on September 17th.

Further data from Ethereum ETFs indicated predominant outflows rather than inflows throughout the week.

These outflows have likely impacted ETH’s performance, leading to subdued sentiment and reduced network activity.

ETH’s recent price movement reflects this lack of demand, with the cryptocurrency trading at $2,321 at the time of writing.

Ethereum ETFs

Source: TradingView

ETH’s Relative Strength Index (RSI) struggles to surpass the 50% mark, confirming weak bullish momentum. Despite this, the Money Flow Index (MFI) suggests some ongoing liquidity inflow, albeit in small amounts.

Can ETH Stage a Strong Recovery?

A substantial rally remains a possibility. ETH’s current challenges stem from various factors, including ETF outflows and limited on-chain activity.

A turnaround in these factors could reignite demand, especially if Ethereum ETFs start attracting healthy inflows.

While ETH’s current price level may be considered a support zone, uncertainty persists, affecting its performance even in the derivatives market.

Ethereum ETFs

Source: Hyblock Capital

Recent trends suggest that whales may be influencing ETH’s performance, with a decrease in long positions among top traders followed by a subsequent increase, indicating a shift towards a bullish sentiment.

Ethereum ETFs

Source: Hyblock Capital


Read Ethereum’s [ETH] Price Prediction 2024–2025


Long positions among top addresses and globally have rebounded significantly in the past 24 hours, suggesting potential bullish momentum for ETH in the coming days.

However, the extent of this rally will depend on ETH’s ability to generate enough demand and momentum to push its price higher.

Next: Whales drive Bitcoin market: $267M BTC on the move

sentence: Please make sure to lock the door before leaving the house.

ETFs ETH Ethereum Interest losing Market struggle
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Market volatility recedes as investors brush off Donald Trump’s tariff threats

July 10, 2025

9 best free Bitcoin (BTC) and Litecoin (LTC) cloud mining platforms to watch in 2025

July 9, 2025

HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB

July 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Supreme Court Rules 200 Patent Judges’ Appointment Unconstitutional

January 12, 20250 Views

Google launches enhanced Pixel phones in bid to leverage AI tech By Reuters

August 29, 20241 Views

Smart Money Podcast — Will New Tariffs and Tax Rules Cost You? (Plus: Travel Rewards & Roth IRA Tips)

February 9, 20250 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Economic News

Might Lower Rates Be The Cure For Higher Prices?

July 10, 20250
Real Estate

How Long Does Mortgage Pre-Approval Take?

July 10, 20250
Economic News

Market volatility recedes as investors brush off Donald Trump’s tariff threats

July 10, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.