**Ethereum ETFs Continue to Drain Assets**

📉 Ethereum spot ETFs have seen a fifth consecutive day of redemptions, with a total of $22.4 million leaving the market.

**Heavy Outflows from BlackRock and Fidelity**

The largest outflow came from BlackRock's ETHA, which lost nearly $19.6 million in a single session. Fidelity's FETH also saw significant losses.

**Despite Large Net Assets, Flows Remain Negative**

With over $17.3 billion in net assets, the overall picture is still one of negative flows. It seems that investors are currently abandoning Ethereum investments.

**The Trend Continues**