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Benjamin Njiri

Ethereum ETFs See $1.42 Billion November Outflows as ETH Holds $3,000 Support

U.S. spot Ethereum ETFs recorded $1.42 billion in outflows during November, the largest monthly withdrawal since their 2024 launch, data show. Treasury firm BitMine Immersion purchased 54,000 ETH worth approximately $173 million during the same period. ETH has maintained support above $3,000 for four consecutive days despite the institutional selling pressure.
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