U.S. spot Ethereum ETFs have recorded net outflows for 23 consecutive trading days, setting a new record for the longest streak of withdrawals since the products launched. Leading funds such as BlackRock’s ETHA and Grayscale’s ETHE continue to reduce their holdings and exit, clearly reflecting a sharp decline in traditional financial institutions’ confidence in allocating to Ethereum. Risk-averse investors are now rushing to liquidate their positions.
Nearly a month of sustained outflows has directly dried up incremental buying, leaving the market with noticeably weak support. These persistent outflow figures are circulating throughout the on-chain community, further amplifying a wait-and-see attitude and prompting copycat selling. As a result, Ethereum continues to underperform the broader market, and short-term downward pressure is building. The market alarm has sounded: keep a close eye on critical price levels, manage positions strictly, and prepare for risks.
Nearly a month of sustained outflows has directly dried up incremental buying, leaving the market with noticeably weak support. These persistent outflow figures are circulating throughout the on-chain community, further amplifying a wait-and-see attitude and prompting copycat selling. As a result, Ethereum continues to underperform the broader market, and short-term downward pressure is building. The market alarm has sounded: keep a close eye on critical price levels, manage positions strictly, and prepare for risks.