ETH's Path Back to $2,300 Runs Through Ether Funds That Lost $215M in Two Days

Three Things to Know US spot Ether funds shed roughly $215 million in two sessions as ETH slid to a three-month low. Daily momentum sits deep in oversold territory, yet sellers still control the trend. A nearby floor is the last charted support, and nothing is mapped beneath it. Investors pulled money from US spot Ethereum funds for a second straight day this week. The exits came as Ether fell to its weakest level since mid-August. Those outflows matter because fund demand helped carry ETH through earlier rallies. Without it, the token has little fuel to climb back toward its moving averages. Traders now face one question. Can an oversold bounce hold if regulated buyers stay on the sidelines?

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