**Ethereum's Rollercoaster: ETFs and Ether's Wild Ride 🎢**

- **Spot Ethereum ETFs Debut:** Eight shiny new spot Ether ETFs launched on the NYSE, but instead of fireworks, we got a fizzle.

- **ETH Price Drop:** Ether's price nosedived 8.75% to $3,170, erasing two weeks of gains. Classic "sell-the-news" move!

- **ETF Outflows:** Day two saw $113.3M outflows, mainly from Grayscale’s high-fee Ethereum Trust.

- **Mixed Inflows:** Fidelity and Bitwise ETFs saw solid inflows, while Grayscale's cheaper Mini Trust attracted $15.1M.

- **Market Sentiment:** Mt. Gox BTC reimbursements and tech stock selloff added to the crypto gloom.

- **Futures Liquidations:** Ethereum futures faced $103.65M in long liquidations, leading the crypto market.

Stay tuned for more crypto capers!