Markets· ★★★· bearish·

Spot Ether ETFs post fifth straight day of outflows at $26.1M

  • —BlackRock's ETHA bled $33.02 million in a single day
  • —Fidelity's FETH added $3.63 million, Grayscale ETH $3.25 million
  • —Total ETH ETF assets at $14.98 billion, 5.01% of market cap
  • —Cumulative historical inflows reach $12.81 billion
Why it matters: A fifth consecutive day of outflows points to weak institutional demand for Ether and adds pressure on the asset's price.
#ETH
Source: PANews
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