Just noticed something interesting in the Ethereum spot ETF data from last week. There was a notable $82.47 million net outflow across the board (April 27-May 1), which actually broke a three-week streak of inflows. Looks like some profit-taking happening.

What caught my eye is the breakdown. BlackRock's ETHA led the outflows with $71.45 million leaving, though it's still sitting on a solid $11.9 billion in total inflows since launch. Fidelity's FETH also saw decent outflows at $50.26 million, with about $2.29 billion accumulated so far. On the flip side, ETHB managed to pull in $44.5 million, bringing its total to $501 million.

The bigger picture: all Ethereum ETF products combined are now at $13.6 billion in total assets, representing around 4.93% of ETH's market cap. The historical cumulative inflow sits at $12.02 billion. The momentum seems to be cooling a bit after weeks of steady buying, which could be worth watching if you're tracking institutional flows.