Ethereum ETFs See 23-Day Net Outflow, Indicating Weak Demand
Photo: Coinfomania
Ethereum ETFs hit a record 23-day net outflow streak, signaling declining investor interest. Here's why it matters. U.S. spot Ethereum ETFs have entered a concerning trend, recording a remarkable 23 consecutive trading days of net outflows, according to data from Glassnode. This marks the longest streak since the ETFs’ launch and raises questions about the underlying demand from traditional finance investors. As observed by commentator @WuBlockchain, these sustained withdrawals reflect a shift in sentiment that could shape Ethereum’s market trajectory going forward. The recent data highlights a significant downturn in interest for U.S.
Source: Coinfomania
