Ethereum Spot ETF Experiences $93.6 Million Outflow for Third Day

The Ethereum Spot ETF reported a net outflow of $93.5957 million yesterday, marking the third consecutive day of outflows for the fund. This trend indicates a continued withdrawal of investor funds from the ETF, raising questions about market sentiment towards Ethereum. The recent outflows may reflect broader trends in cryptocurrency investments, as investors reassess their positions. The ongoing decline in net inflows could impact the ETF’s performance and its attractiveness to potential investors.

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