21Shares Ethereum ETF Sees Significant Outflow Amid Market Volatility
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The 21Shares Ethereum ETF (TETH) experienced a substantial outflow of $4,273,000, representing 2.66% of its current assets under management (AUM) of $27,910,480. This marks a notable shift in investor sentiment towards the fund.
Over the past five days, the ETF’s net flow has been positive at 8.55%, while over the last year, it has seen a net outflow of 10.43%, indicating a longer-term trend of investor withdrawal.
Related to this ETF, Ethereum (ETH-USD) is currently priced at $2,912.94, with a 5-day price increase of 3.81%. The 1-day technical signal for Ethereum is Sell, suggesting potential short-term bearish sentiment.
Investors can explore more detailed analysis and sentiment trends on TETH and ETH-USD pages.