US Spot Ethereum ETFs Shed $1.07B Over 30 Days
- —Net outflows from Ethereum ETFs reached about $1.07 billion over 30 days
- —Combined ETF net assets total $14.53 billion, equal to 5.11% of ETH's market cap
- —Cumulative net inflows into the 11 spot ETFs stand at $12.56 billion
- —The most recent daily flow was positive at $4.35 million
Why it matters: ETH is testing support near $2,300, and whether institutions return to the ETFs will likely decide if that level holds.
Source: Cryptonews.net