Ethereum spot ETFs recorded $161M in net outflows on Oct. 7, extending the outflow streak to seven consecutive days, according to SoSoValue and NS3.AI data.BlackRock’s ETHA led the withdrawals with $116M in single-day outflows. Total net assets across Ethereum spot ETFs stood at about $16.4B.
The key question for me is whether this is just short-term positioning or a sign that institutional demand for ETH is cooling. ETF flows remain worth watching closely.#FedMinutesFocusOnOctoberPause