ETH price steadies above $3,300 despite continuous Ethereum ETF outflows

Ethereum's price has managed to stay above $3,300, but the ongoing outflows from Ethereum ETFs signal a troubling trend for investors. On November 5, these funds experienced their sixth consecutive day of losses, totaling $119 million, with BlackRock's ETHA leading the decline. This situation highlights the cautious sentiment in the market, as investors react to the shifting dynamics, making it crucial to monitor how these trends might impact Ethereum's future.