🚨 Ethereum ETFs Face 9 Straight Days of Outflows
U.S. spot $ETH ETFs have now recorded 9 consecutive trading days of net outflows, with roughly $697.2M withdrawn since September 29. 📉
Key figures:
💰 $542.1M outflow last week — worst weekly result since January
📉 $56.1M exited ETFs on October 9 alone
🏦 BlackRock’s ETHA accounted for a large share of the recent withdrawals
With $ETH trading around the $2,500 area, continued ETF outflows could keep institutional-demand concerns and market sentiment under pressure.
⚠️ Still, ETF outflows don’t necessarily mean institutions have abandoned Ethereum — and they don’t guarantee another price drop.
👀 ETF flows remain a key metric to watch.
#Ethereum #ETH #EthereumETFs #crypto #bitcoin #ETF #ETHNews
U.S. spot $ETH ETFs have now recorded 9 consecutive trading days of net outflows, with roughly $697.2M withdrawn since September 29. 📉
Key figures:
💰 $542.1M outflow last week — worst weekly result since January
📉 $56.1M exited ETFs on October 9 alone
🏦 BlackRock’s ETHA accounted for a large share of the recent withdrawals
With $ETH trading around the $2,500 area, continued ETF outflows could keep institutional-demand concerns and market sentiment under pressure.
⚠️ Still, ETF outflows don’t necessarily mean institutions have abandoned Ethereum — and they don’t guarantee another price drop.
👀 ETF flows remain a key metric to watch.
#Ethereum #ETH #EthereumETFs #crypto #bitcoin #ETF #ETHNews