U.S. Ethereum Spot ETF Sees Three Consecutive Weeks of Outflows with $16.6 Million Net Outflow Last Week

U.S. Ethereum ETFs Experience Continued Outflows

New data shows that U.S. spot Ethereum ETFs experienced a net outflow of $16.6 million last week, marking the third consecutive week of fund withdrawals.

Market Trend Analysis

Analysts suggest that the ongoing outflows could be linked to investor sentiment, macroeconomic factors, and the broader performance of crypto assets. Market participants should remain vigilant about future developments.

• Three consecutive weeks of net outflows
• Total outflow reaches $16.6 million
• Market sentiment heavily influenced by macro conditions