U.S. Spot Ethereum ETFs Hit Record 23-Day Net Outflow Streak Since Launch
On-chain analytics firm Glassnode reported th | Hanami
U.S. Spot Ethereum ETFs Hit Record 23-Day Net Outflow Streak Since Launch
On-chain analytics firm Glassnode reported that U.S. spot Ethereum ETFs have recorded 23 consecutive trading days of net outflows, marking their longest streak since launch. Glassnode said the sustained withdrawals reflect weakening demand from traditional finance investors, who had accumulated ETH heavily in August and September.