Ether Holds $2K as ETF Outflows Add Pressure
Ethereum ($ETH) is holding above the $2,000 support level, but downside risks remain as $242 million flowed out of U.S. spot Ether ETFs in just two days. The outflows signal cooling institutional demand following ETH’s recent rebound from $1,744.
Investor caution is rising as high interest rates and growing ETH supply reduce the appeal of staking. Ethereum’s current 2.9% staking yield struggles to compete with short-term U.S. government bonds, especially as expectations grow for future rate cuts by the Federal Reserve.
ETH has dropped 38% in the past 30 days and continues to underperform the broader crypto market. Derivatives data shows rising demand for put options, reflecting trader concern about further downside rather than confidence in a recovery.
Despite bearish sentiment, ETF outflows still represent less than 2% of total ETH ETF assets, suggesting this is not a collapse scenario. Ethereum remains the leader in total value locked (TVL), but macro uncertainty, corporate earnings, and U.S. debt concerns may keep ETH under pressure in the near term.
This is not financial advice.#MarketRebound #CPIWatch #USNFPBlowout #TrumpCanadaTariffsOverturned #writ2earn $ETH
