After a month of record-breaking inflows, US spot Ether ETFs saw their largest-ever daily outflow of $465 million, led by BlackRock’s iShares Ethereum Trust.
United States Spot Ether exchange-traded funds (ETFs) recorded nearly half a billion dollars in daily net outflows on Monday, marking their highest single-day outflow since launch, according to data from investment firm Farside Investors.
Farside Investors’ data shows that spot Ether (ETH) ETFs had net outflows of $465 million on Monday, their second day of outflows since breaking a 20-day inflow streak on Friday with net outflows of $152 million.
The sharp pullback suggests a potential shift in investor sentiment after a strong performance in July, during which spot Ether ETFs saw a record $5.43 billion in net inflows.
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