Ethereum Spot ETF Sees Major Outflows as Investor Sentiment Shifts

Data from Farside Investors reveals a substantial net outflow of $232 million from U.S. Ethereum spot ETFs. The breakdown shows notable reductions in several prominent funds: BlackRock’s ETHA experienced a decline of $146.1 million, Fidelity’s FETH saw a reduction of $30.6 million, Bitwise’s ETHW registered a $20.6 million outflow, 21 Shares’ ETHV had a decrease of $4.2 million, Grayscale’s ETHE faced a $26.1 million outflow, and Grayscale Mini ETH experienced a reduction of $4.7 million. These outflows indicate a notable shift in investor attitudes towards Ethereum ETFs in the U.S. market.