US Ethereum Spot ETF Sees Largest Outflow in 8 Months…$193 Million Flees

U.S. Ethereum (ETH) spot exchange-traded funds have seen the largest outflow in eight months, with net withdrawals reaching $142.3 million (19.34 billion won) on a single day, according to TraderT.

The outflow was led by BlackRock's ETHA, which saw $98 million leave, followed by Bitwise's ETHW ($34.4 million), Grayscale's ETHE ($17.5 million), and Fidelity's FETH ($7.2 million). Meanwhile, BlackRock's staking Ethereum ETF (ETHB) attracted $12.4 million in net inflows, and 21Shares' TETH saw $2.4 million in net inflows.