Markets· ★★★· bearish·

Ethereum ETFs Shed $165.36M in a Week After Strong Inflows

  • —Weekly net outflow from Ethereum ETFs reached $165.36 million
  • —Friday, Oct. 2, was the weakest day with $64.69 million withdrawn
  • —The prior week saw €607.09 million in inflows
  • —Assets under management totaled $17.71 billion as of Oct. 1
Why it matters: The swing from inflows to outflows of more than $754 million in a week points to fading institutional demand for ETH.
#ETH
Source: Crypto Insiders
More on this
Markets · yesterday
Crypto market opens October with strong ETF inflows and Ethereum's Glamsterdam testnet
 Markets · Sep 26
Ethereum ETFs pull in $689.88 million in weekly inflows after prior outflow
 Markets · yesterday
Ether ETFs Shed $118 Million in Three Days as Bitcoin Funds Regain Inflows