Ether ETFs see largest weekly outflows since January, with $542M withdrawn last week.
Ether spot ETFs experienced their worst week since January, with $542.1 million in net outflows last week, marking nine consecutive sessions of withdrawals totaling $697.2 million since late September. BlackRock's ETHA fund accounted for 88% of these outflows, losing $477 million alone. Solana ETFs also faced outflows, ending a 14-week streak of inflows, while Bitcoin funds saw their inflow streak end. This marks a significant shift in crypto ETF investor sentiment, with total assets under management for Ether ETFs dropping 10% to $15.71 billion. The trend suggests growing caution among investors in these crypto assets.
Ether spot ETFs experienced their worst week since January, with $542.1 million in net outflows last week, marking nine consecutive sessions of withdrawals totaling $697.2 million since late September. BlackRock's ETHA fund accounted for 88% of these outflows, losing $477 million alone. Solana ETFs also faced outflows, ending a 14-week streak of inflows, while Bitcoin funds saw their inflow streak end. This marks a significant shift in crypto ETF investor sentiment, with total assets under management for Ether ETFs dropping 10% to $15.71 billion. The trend suggests growing caution among investors in these crypto assets.
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