Ethereum has faced significant challenges this month. It has shed 10% of its value over the past 20 days and currently trades at $2,021.
This extended price decline has rattled investor confidence, leading to consistent capital outflows from spot ETH exchange-traded funds (ETFs) since the start of March.
Investor Confidence in ETH Wanes as Spot ETFs Bleed
According to on-chain data from SosoValue, spot ETH ETFs have now recorded 11 consecutive days of outflows, with total withdrawals exceeding $370 million
source: https://beincrypto.com/ethereum-spot-etf-records-outflows/