Ether's plunging price stands in stark contrast to surging blockchain activity, marking a contrast to prior bear markets, company Chairman Tom Lee said.
Ethereumβs co-founder said the $43 million withdrawal will support a broader βfull-stack openness and verifiabilityβ vision as the foundation tightens spending.
U.S.-listed spot bitcoin and ether ETFs saw one of their worst combined outflow days of 2026 as falling prices, rising volatility and macro uncertainty pushed investors to cut exposure.