As per Finbold, Ethereum (ETH) ETFs experienced $108.31 million in outflows on September 23, with BlackRock selling 3,630 ETH worth $15.1 million. This follows a $20 million ETH sale on September 17 and a $45 million sale a week prior. No Ethereum fund saw inflows, indicating caution among major issuers amid heightened volatility. Ethereum's price dropped to $4,180, with a 7% weekly decline and a market cap of $504.52 billion. The broader crypto market lost $150 billion in a single day on September 22, and $1.8 billion in long positions were liquidated on September 23, with Ethereum accounting for over $500 million of the losses.
BlackRock's Ethereum Sale Sparks Investor Concern
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