I just noticed that the Ethereum spot ETF experienced a significant outflow yesterday, with a total withdrawal of around $82 million. This is interesting because Fidelity FETH led with a daily outflow of over $67 million, bringing its total historical outflows to over $218 million. Grayscale also has a mini ETH trust product that is also exiting, but on a smaller scale, about $6 million per day.



Hypothetically, this movement could reflect investor sentiment turning cautious. But overall, the total net assets of the Ethereum spot ETF remain at around $11 billion, with a market penetration ratio of approximately 4.72% of Ethereum's total market cap. So despite the outflow yesterday, the position of the Ethereum spot ETF in the market is still solid. Worth watching how the trend develops in the coming week.
ETH-0,91%
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