Ethereum Market Volatility: AETH Suffers Significant Outflow

The cryptocurrency market has been experiencing significant fluctuations in recent months, with Ethereum (ETH-USD) trading at $2,244.87 after a decline of about 29.1% over the past three months.

Despite this decline, near-term momentum for ETH is turning more constructive, with technical signals indicating a possible buy opportunity.

The sharp outflow from the Bitwise Ethereum Strategy ETF (AETH) on April 10 raises concerns about the market's stability and the vulnerability of niche crypto ETFs to sudden shifts in investor sentiment.