<ul><li>The Ethereum price has dropped over 12% in recent weeks.</li><li>The decline in Ethereum price is attributed to the US Federal Reserve rate cut and the decreasing investor interest in spot Ethereum exchange-traded funds (ETFs).</li><li>Spot ETH ETFs experienced net outflows of $75.11 million on December 20, breaking their 18-day streak of positive inflows.</li><li>While most Ethereum ETFs recorded negative performances, BlackRock's Ethereum Fund was the only one with outflows, while Fidelity's Ethereum Fund and Grayscale's Ethereum Trust registered positive inflows.</li></ul>

Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows

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