Cathie Wood Sells Ethereum Futures ETFs, Bearish Signal For Spot ETFs?

On August 9, Cathie Wood’s Ark Invest made notable moves in the crypto market by offloading significant portions of its Ethereum futures ETFs. This decision may signal a bearish outlook for Ethereum exchange-traded products (ETPs). Moreover, it reflects a broader shift in investor sentiment amid surging spot Ethereum ETF outflows.