Why is ETH demand lacking post-Ethereum ETF?


$ 117,974.5
€ 100,412.3
¥ 38,800.0
£ 87,769.9
BTC
0.28 %
$ 3,744.38
€ 3,186.33
¥ 1,231.39
£ 2,785.99
ETH
0.49 %
$ 322.05
€ 274.11
¥ 106.06
£ 239.62
XMR
0.03 %
$ 114.17
€ 97.17
¥ 37.55
£ 84.95
LTC
0.32 %

ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale.