Just noticed the Ethereum spot ETF flows shifted last week. After three weeks of solid inflows, we finally saw some profit-taking with an $82.47 million net outflow (April 27 to May 1). Interesting part is BlackRock's ETHA led the exodus with $71.4 million flowing out, though it's still sitting on $11.9 billion in total inflows since launch. Meanwhile, Fidelity's FETH also saw outflows of about $50 million. The only bright spot was BlackRock's ETHB picking up $44.5 million, now at $501 million cumulative. Overall, Ethereum ETFs are holding steady at $13.6 billion in total assets, representing roughly 5% of Ethereum's market cap. Looks like some consolidation after the recent rally.

ETH-0.8%
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