Ether (ETH) plummeted 8.75% following the launch of US spot ETFs, reaching $3,170. 📉

- "Sell-the-news" effect: investors sell assets after an expected event.

- Day two: $113.3 million outflow from spot ETFs.

- Grayscale Ethereum Trust lost $326.9 million due to high fees.

- Correlation with BTC and the fall of tech giants increases pressure.

Be careful in the market!