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Ethereum spot ETF experiences net outflow, major institutional movements revealed
【Crypto Rhythm】Yesterday, there was a significant outflow of funds from the US spot Ethereum ETF. According to on-chain data monitoring, the net outflow for the day reached $159.2 million, with multiple leading funds simultaneously reducing their holdings.
Specifically, BlackRock’s ETHA product led the decline, with the largest outflow of $107.7 million. Two Grayscale products also saw substantial withdrawals — the standard ETHE outflowed $31.7 million, and the mini ETH outflowed $12.9 million. Fidelity’s FETH and VanEck’s ETHV experienced relatively moderate outflows of $4.6 million and $2.3 million, respectively.
This coordinated reduction in holdings reflects institutional caution regarding Ethereum’s short-term prospects. Fund movements often preempt market sentiment shifts, and the subsequent price performance of Ethereum warrants close attention.