Markets· ★★★· bearish·

US spot Ethereum ETFs flip to $2.81M outflow, ending seven-day inflow streak

  • —Net daily outflow of $2.81 million followed $17.1 million of inflows a day earlier
  • —Grayscale ETH drew $12.83 million; BlackRock ETHA lost $8.94 million and Fidelity FETH $6.7 million
  • —Cumulative net inflows since launch stand at $13.95 billion; net assets of $17.79 billion equal 5.42% of ETH market cap
  • —Daily trading volume reached $630.85 million, with ETHA accounting for $445.13 million
Why it matters: The flip to outflows after a week of inflows points to weakening institutional demand for ETH near $2,700.
Source: TokenPost