Markets· ★★★· bearish·

Ethereum Spot ETFs Log 9th Straight Outflow Day With $56.1M Exit, Led by BlackRock's ETHA

  • —Ethereum ETFs have now bled for nine straight sessions
  • —The latest session saw $56.1 million in net outflows
  • —BlackRock's ETHA led the redemptions
Why it matters: A sustained outflow streak from ETH funds weighs on Ethereum's price and points to weak institutional demand.
#ETH
Source: Coinotag
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BlackRock buys $1.5 billion in ETH over 20 days via ETHA and ETHB