Ethereum faces growing institutional selling pressure as U.S. spot ETH ETFs record nine consecutive days of net outflows, totaling approximately $697.2 million since September 29.
đ Key numbers:
Weekly outflows: $542.1 million â the worst week since January.
October 9 outflows: $56.1 million.
BlackRockâs ETHA accounted for around $477 million in weekly withdrawals.
đĄ Why it matters: Persistent outflows may weaken near-term demand, but they donât automatically mean institutions have abandoned Ethereum or that prices must fall.
đ What to watch: With ETH near the $2,500 area, monitor ETF flows, price support, and whether fresh buyers return.
đ My take: If outflows continue, pressure could remain. A reversal in flows could help sentiment recover. Neither outcome is guaranteed.
Can $ETH absorb the selling pressure, or are more downside risks ahead?
#etheretfsextendoutflowstoninedays #Ethereum #ETF
