Ethereum spot ETFs have experienced a net outflow of $38.7 million in one day, continuing a three-day streak of withdrawals. The BlackRock ETHA ETF led the outflows with $22.1 million, while Grayscale's ETHE ETF also saw significant $16.6 million outflows. Despite these recent outflows, Ethereum spot ETFs maintain a total net asset value of $17.7 billion and a 5.01% ETF net asset ratio relative to Ethereum's total market cap.
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Ethereum Spot ETFs Experience $38.7 Million Net Outflow Amid Three-Day Withdrawals
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