Ethereum ETFs Suffer Massive Outflows as Sentiment Shifts

U.S.-based spot Ethereum ETFs experienced significant outflows, signaling a shift in investor sentiment towards the cryptocurrency asset. Data from TraderT revealed a substantial net outflow of $186.6 million over two consecutive days, highlighting a sustained trend that warrants closer scrutiny. While some withdrawals are expected within volatile markets, this prolonged pattern indicates broader market concerns around Ethereum.