Markets· ★★★· bearish·

US spot Ethereum ETFs see $69.7M outflow as monthly redemptions near $955M

  • —BlackRock's ETHA accounted for the full $69.7 million daily outflow
  • —Grayscale ETHE and ETH, Fidelity FETH and BlackRock ETHB saw no net flows
  • —Monthly outflows hit $955 million; year-to-date inflow stands at $814 million
Why it matters: A third straight day of redemptions adds pressure on ether and points to weakening institutional demand for ETH exposure.
#ETH
Source: Bloomingbit
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