Ethereum price holds €2,000 as ether ETFs log a sixth straight week of outflows

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Ether is hovering around €2,000 on Saturday evening after the US spot ETFs lost money for a sixth consecutive week. Which figures are confirmed, why the euro level matters more than the dollar price for investors in Germany, and which steps you can check now.Money has flowed out of the US ether ETFs for six weeks in a row.Add as a preferred source on GoogleFollow on Google NewsThe Ethereum price stands at around $2,235 on Saturday evening, November 7, or just over €2,004. For investors in Germany, that is the number that counts: overnight into Friday, ether fell to €1,991 according to CoinGecko's daily data, its first drop below €2,000 since late August. The price has held just above that level since, while the exchange-traded ether funds in the US report outflows for the sixth week in a row. What is confirmed: between November 2 and 6, the US spot ether ETFs lost a net $365 million or so, with $93.19 million on Friday alone. Our assessment follows further down. As lon...