Billions have fled Ethereum ETFs in weeks, dragging Coinbase stock down with them, and a delayed network upgrade is making things worse. A few specific catalysts could flip the trend, but investors are watching closely for the first sign.
The ETFs have lost $1.2 billion in cash in October, their worst month of the year. At the same time, Bitmine is approaching the 5% limit of the supply that it has set. The two buyers who were carrying the demand are withdrawing together. The ETFs Ether lose $1.2 billion in October appeared first on Cointribune.