Spot Ethereum ETFs recorded a net outflow of $75.9 million on April 23, abruptly ending a 10-consecutive-day inflow run and marking a $172.3 million single-day swing from the prior session's $96.4 million in net inflows. ETH opened April 24 at $2,375 before sliding to $2,310, putting price back below the $2,400 level bulls need to reclaim. Binance analysts warn that failing to break $2,500 resistance could open the path toward $2,200.
The timing is complicated by an $8.6 billion BTC/ETH options expiry landing today, which adds a near-term volatility wildcard in either direction before a cleaner trend emerges. Bitcoin dominance sits at 60%, making the ETH/BTC rotation trade suddenly relevant again — especially as spot Bitcoin ETFs pulled $223 million on the same day, extending their own streak to eight days.
Technically, 24-hour ETH volume dropped 8% to roughly $17 billion, RSI sits at…
Crypto News