U.S. spot Ethereum (ETH) ETFs extended their losing streak on Tuesday ET, posting net outflows for an eighth consecutive trading day—a sign that demand has yet to decisively rebound even as trading activity remains relatively robust.
According to data compiled by SosoValue, the U.S. spot Ethereum ETF cohort recorded $28.14 million in net withdrawals on May 20 ET. The string of redemptions has persisted since May 11, marking eight straight sessions of net outflows. Despite the recent pressure, cumulative net inflows across the category stood at approximately $11.65 billion, underscoring that… Read more
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