Investors are noticing a concerning trend in the US cryptocurrency market, as spot Ethereum exchange traded fund (ETF) outflows persist for the sixth consecutive day. This exodus has been primarily fueled by BlackRock’s ETF funds, which have shed over $140 million, raising questions about institutional confidence in the short-term prospects of Ethereum. Analysts cite macroeconomic pressures and shifting risk appetite as key factors driving this shift in investor sentiment. 6 days of consistent withdrawals from these specific ETFs point to deeper concerns surrounding asset performance or broader market conditions. While BlackRock’s withdrawal is a major driver, some funds managed to attract capital during this period, highlighting the nuanced dynamics of the current market.