🔴 ETHA is trading 3.2% down today on ETF outflows and as OpenAI's missed targets pressure tech assets

ETHA is trading 3.2% down today, influenced by both asset-specific outflows and broader tech sector weakness.

• The iShares Ethereum Trust (ETHA) experienced notable outflows, with $13.17 million pulled from the fund on April 28, contributing to selling pressure.
• A report that OpenAI missed user and sales targets has triggered a selloff in growth and tech stocks, with the Nasdaq falling amid concerns over AI-related spending and valuations.
• Broader market sentiment is also cautious due to rising oil prices and anticipation of a key Federal Reserve interest rate decision.