Fed Rate Cut Fuels Ethereum (ETH) Rally, Yet ETFs Face Outflows

The Federal Reserve’s latest rate cut has sent Ethereum (ETH) soaring. Trading at $2,428 as of this writing, the altcoin’s value has spiked by over 5% in the past 24 hours. However, it seems not everyone is celebrating. Ethereum spot exchange-traded funds (ETFs) experienced outflows yesterday despite the price surge. Ethereum ETF Holders Remove Their Funds According to data from... source: https://beincrypto.com/fed-cut-ethereum-price-rally/