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I noticed an interesting situation with Ether ETFs in the ninth week. Overall, spot funds attracted $79.6 million with a decent trading volume of $4 billion. But what's curious is that not all ETFs move in the same direction.
EFTH showed the strongest inflow with $40.5 million, FETH also performed well with $39.5 million. However, ETHA experienced an outflow of $42.7 million during the same period. This creates a rather contradictory picture among investors regarding Ether funds.
It's interesting to observe how capital is redistributed among different Ether ETFs. It seems investors are selective, which indicates mixed signals in the market.