U.S. spot Ethereum ETFs recorded $56.1 million in outflows on October 9—the ninth consecutive day of net outflows—with all withdrawals coming from BlackRock’s ETHA fund.
Broader trend
Weekly outflows from ETH ETFs reached $542 million, the worst level since January. Traders are also increasing their short positions, with short exposure now exceeding spot holdings, indicating increasingly bearish sentiment.
Broader trend
Weekly outflows from ETH ETFs reached $542 million, the worst level since January. Traders are also increasing their short positions, with short exposure now exceeding spot holdings, indicating increasingly bearish sentiment.