Markets· ★★★· bearish· October 7, 11:50

US spot Ethereum ETFs bleed $201.9M in sixth straight day of outflows

—Daily net outflow from US spot Ethereum ETFs hit $201.9 million
—Outflows have now run for six consecutive trading days
—BlackRock's ETHA accounted for the entire outflow
—Five-day cumulative outflow reached $405 million, the biggest since Feb. 5

Why it matters: Sustained ETF redemptions weigh on ETH and point to weakening institutional demand.

Source: Bloomingbit

More stories in swipe mode🔥 Trending now: He posed as a client and traced $12M from the $1.5B Bybit hack.

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