Ethereum Spot ETFs See First Net Outflow in 13 Days

The first net outflow after a long inflow streak signals a shift in short-term sentiment for Ethereum spot ETFs, though the breakdown reveals divergence: BlackRock's product still attracted significant capital while others lagged. This suggests institutional preference is consolidating toward the largest issuer, which could amplify market sensitivity to ETHB's flows. The key question is whether this outflow marks a temporary pause or the start of sustained redemptions, and whether other issuers can regain traction to offset reliance on one fund.