US spot Ethereum ETFs see $224.1M outflow, second straight day of withdrawals
- —Total daily outflow from US Ethereum ETFs reached $224.1 million
- —BlackRock ETHA lost $110 million, the most among the funds
- —Fidelity FETH saw $55.6 million in outflows, BlackRock ETHB $19.8 million
- —VanEck ETHV, Grayscale ETHE and 21Shares TETH lost $14 million, $13.9 million and $10.8 million
Why it matters: A second day of outflows adds pressure on ETH and signals weak institutional demand.
Source: Bloomingbit