Ethereum trades near $1,643, down 67% from its August 2025 ATH of $4,946, as ETF outflows and macro pressure weigh on ETH.

US spot Bitcoin ETFs lost $326 million on June 5, with BlackRock's IBIT accounting for $214 million. Ethereum ETFs shed $6 million the same day.

Ethereum (CRYPTO: ETH) recently printed its lowest daily relative strength index ever recorded at 17.4, a reading analyst Michaël van de Poppe called

Ethereum trades near $1,643, down 67% from its August 2025 ATH of $4,946, as ETF outflows and macro pressure weigh on ETH.