Ethereum ETF Sees $42 Million Exit Amid Price Surge
The Ethereum Trust ETF (ETHA) saw significant outflows of $42.86 million on September 18, indicating profit-taking from investors as the ETH price surges.
This move represents about 0.50% of the fund's capital, which is still substantial at $8.60 billion.
The Ethereum (ETH) price has risen by roughly 50.81% over the past three months, and despite some fund investors locking in profits, the technical signal remains a bullish 'Strong Buy', suggesting traders see room for upside.