Ethereum Spot ETFs Record $173M Net Outflow in Fourth Consecutive Week

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Ethereum news shows spot ETFs recorded a $173M net outflow for the fourth consecutive week through June 5, according to MetaEra. BlackRock’s ETHA led with a $125M outflow, Fidelity’s FETH lost $26.45M, while ETHB gained $3.03M. Total net assets now stand at $8.59B, representing a 4.44% ratio to Ethereum’s market cap. Ethereum’s price remains under pressure amid ongoing outflows.

ME News reports that, as of June 8 (UTC+8), according to SoSoValue data, Ethereum spot ETFs experienced a net outflow of $173 million during the previous trading week (June 1 to June 5, Eastern Time).

Last week, the Ethereum spot ETF with the largest net outflow was BlackRock's ETHA, with a weekly net outflow of $125 million; ETHA's cumulative net inflow to date is $11.31 billion. Second was Fidelity's FETH, with a weekly net outflow of $26.45 million; FETH's cumulative net inflow to date is $2.13 billion.

Last week, the Ethereum spot ETF with the highest net inflow was BlackRock's ETHB, with a weekly net inflow of $3.026 million, bringing ETHB's total historical net inflow to $534 million.

As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.59 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum’s total market cap) of 4.44%, and cumulative net inflows reaching $11.2 billion.(Source: SoSoValue)

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