BlackRock ETHA has a daily outflow of 50 million, institutions are also rebalancing their portfolios.

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The Ethereum spot ETF saw a total net outflow of $65.6497 million yesterday, continuing a 5-day net outflow.
According to SoSoValue, on May 15th, Ethereum spot ETFs experienced a total net outflow of approximately $65.6497 million, with the largest intraday outflow from BlackRock ETHA ($50.3527 million), and Fidelity FETH outflows of $11.0772 million. As of the time of writing, the total net asset value is $12.93B, with a net asset ratio of 4.83%, and a cumulative net inflow of $11.83B; ETHA has a total net inflow of $11.81B, and FETH $2.2B.
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