The US Ethereum Spot ETF recorded a net outflow of $219.4 million yesterday, continuing a trend of five consecutive days of outflows. This recent decline in assets marks an ongoing pattern of withdrawal for the fund. Investors have been pulling back from the ETF, contributing to a significant decrease in total net assets. The trend raises questions about investor sentiment and market conditions surrounding Ethereum. The implications of these outflows could affect the broader cryptocurrency market as well.
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