Spot ETH ETFs bleed $1B in 6-day outflow streak as rate-cut optimism fades
Spot Ether ETFs saw over $1 billion in outflows over six days as investors retreated on macro concerns and fading rate-cut optimism.
Spot Ether exchange-traded funds (ETFs) recorded over $1.04 billion in net outflows across six consecutive trading days, as investors pulled back in response to growing macro uncertainty and fading confidence in rate-cut tailwinds.
On Monday, Ether (ETH) ETFs saw a net outflow of $96.7 million, led by BlackRock’s ETHA, which recorded $192.7 million in withdrawals. This was partially offset by $75 million inflows into Fidelity’s FETH, $9.5 million into Grayscale’s ETHE and $11 million into its mini fund.
Total trading volume reached $1.52 billion, with overall net assets falling to $27.39 billion, representing 5.28% of Ether’s market cap, according to data from SoSoValue.
Read more
