U.S. spot Ethereum (ETH) exchange-traded funds swung back to net outflows on May 7, halting a four-session streak of inflows and signaling a pause in ‘risk appetite’ for ETH exposure through regulated wrappers.
Data compiled by SosoValue showed the U.S. spot Ethereum ETF segment posted $103.52 million in net daily outflows on May 7 ET. The reversal ended net inflows recorded across the prior four trading days, while cumulative net inflows for the spot Ethereum ETF market stood at $12.08 billion.
Notably, none of the 10 listed spot Ethereum ETFs recorded net inflows on the day. Outflows were… Read more
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