within the first 29 days of trading, Ethereum ETFs saw $477 million in outflows, reflecting waning investor confidence. The price prediction for Ethereum in 2024 ranges from $4,500 to $4,700, with an anticipated range of $2,650 for February 2024.

The significant outflows from Ethereum ETFs really highlight the shifting sentiment among investors. It will be interesting to see if the projected price range holds true, especially with market volatility. Are we witnessing a potential turning point in Ethereum's trajectory, or is this just a temporary dip?