Markets· ★★★· bearish·

Ethereum ETFs See $135.1M Outflows Over Four Straight Sessions

  • —Four straight sessions of outflows totaled $135.1 million
  • —FETH lost $74.1 million, over half of all outflows
  • —Cumulative net inflows since launch remain positive at $13.85 billion
  • —ETF assets equal about 5.4% of ETH's $328 billion market cap
Why it matters: The outflows point to slowing institutional demand, though ETH's price has so far held steady.
Source: Bithub