Why is ETH demand lacking post-Ethereum ETF?


$ 107,577.9
€ 93,249.4
¥ 38,800.0
£ 81,832.6
BTC
-2.64 %
$ 3,735.16
€ 3,236.78
¥ 1,347.47
£ 2,842.98
ETH
-4.29 %
$ 335.34
€ 290.60
¥ 120.82
£ 255.03
XMR
-3.47 %
$ 93.91
€ 81.39
¥ 33.86
£ 71.42
LTC
-6.45 %

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