Just noticed Ethereum spot ETFs had another rough day yesterday - total net outflows hit $23.64 million, and that's four days in a row now. Pretty interesting pattern if you ask me.



What caught my attention is the split between inflows and outflows. BlackRock's Staked ETH ETF (ETHB) actually pulled in $29.1 million yesterday, bringing its total to over $70 million since launch. Meanwhile Grayscale's mini trust ETF kept steady with $4.7 million inflow. But here's the thing - ETHA, BlackRock's original Ethereum ETF, saw massive outflows of $50.57 million in a single day. That's wild. ETHA's total outflows have now reached $143 million.

Overall, Ethereum spot ETFs are sitting at $13.25 billion in total assets right now, which represents about 4.85% of ETH's total market cap. The cumulative inflows across all these products still stand at $11.9 billion though, so despite the recent outflow trend, there's still solid institutional interest.

Makes you wonder if this is just profit-taking or if there's something else going on with the market sentiment around Ethereum.
ETH-0.57%
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