Ethereum’s price has seen some volatility in recent days, driven by broader market uncertainty. While August began on a bearish note, Ethereum managed to recover over the weekend. However, Ethereum’s ETFs faced significant challenges during this period, especially with large outflows on Black Monday. Ethereum ETF Outflows Peak Ethereum ETFs experienced their largest single-day outflows since their inception more than a year ago
source: https://beincrypto.com/ethereum-etf-black-monday-historical-outflows-fail-to-impact-price-heres-why/