Shivam Ranjan

​🚨 9 days of continuous outflows: Spot Ethereum funds under pressure from withdrawals! 📉 ​Has the market moved beyond a normal correction, or is there genuine institutional pressure? Liquidity-tracking platform data points to significant figures worth examining 🔍: ​🔹 An unprecedented negative streak: U.S. Spot Ether ETFs have continued to record net outflows for 9 consecutive trading days, bringing total outflows over this period to around $697.2 million. ​🔹 Who is driving the selling pressure? BlackRock’s fund (ETHA) led the way, recording $56.1 million in withdrawals in the latest session alone, while the largest single-week wave of selling reached $542.1 million. ​🔹 Decline in asset values (AUM): Actual outflows account for just 27.4% of the overall decline in the funds’ asset values, while the larger share (72.6%) is due to the broader drop in the price of ETH itself, which tested support levels around $2,490–$2,500. ​📊 Analysis: Despite this ongoing negative streak, the data shows that the funds’ cumulative historical net inflows remain strong at $13.26 billion. This suggests that what is happening now is part of portfolio rebalancing around financial period-end, rather than a wholesale abandonment of the project. 💭#EtherETFsExtendOutflowsToNineDays #ETH #Binance