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Ether (ETH) Falls to $2,307.35 After a 2.26% Daily Decline

Spot Ether exchange-traded funds recorded $3.1 billion in net inflows during the third quarter, when Ether gained 71%.

Updated 1 min read
A matte Ether token sits beside a market graphic in New York City at night / EconoTimes.ai
A matte Ether token sits beside a market graphic in New York City at night / EconoTimes.ai

Ether (ETH) was quoted at $2,307.35 late Sunday, down 2.26% in 24 hours, after a third quarter in which it gained 71% and spot Ether exchange-traded funds received $3.1 billion in net inflows.

The quote was recorded at 9:53 p.m. ET Sunday (1:53 a.m. UTC Monday). The 24-hour change covers a shorter period than the quarterly figures.

In the third quarter, Ether’s price advanced 71% and reached $2,684, while spot Ether exchange-traded funds logged $3.1 billion in net inflows.

A prior EconoTimes report on Ether’s third-quarter performance and turnover said the 71% rise was the asset’s largest quarterly advance since early 2021 and followed three quarters of losses. The report put average daily turnover at $11.5 billion in Q3, compared with $15 billion in Q2, a 23.2% decline.

Ether was quoted at $2,351 in an Oct. 18 EconoTimes Binance snapshot.

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