Ethereum exchange-traded funds have lost $1.1 billion over three weeks, according to the supplied material. The outflows have coincided with a decline in Coinbase stock, which the material links to the ETF withdrawals.
The material also cites a delayed network upgrade as a factor making the situation worse for Ethereum ETFs.
According to the source, a few specific catalysts could reverse the trend, though it does not identify them. Investors are described as watching closely for the first sign of a change.