Ethereum spot ETFs record $173 million in net outflows for the week, marking the fourth consecutive week of outflows.

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Ethereum news reports a net outflow of $173 million for Ethereum spot ETFs for the week ending June 5, marking the fourth consecutive week of withdrawals. BlackRock’s ETHA led with $125 million in outflows, while Fidelity’s FETH lost $26.45 million. Only ETHB recorded a $3.03 million inflow. Total assets under management now stand at $8.59 billion, or 4.44% of Ethereum’s market cap. Ethereum’s price remains under pressure amid ongoing outflows.

Odaily Planet Daily reports, according to SoSoValue data, Ethereum spot ETFs experienced a net outflow of $173 million during last week's trading days (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 total historical net inflow now stands at $11.31 billion. Second was Fidelity’s FETH, with a weekly net outflow of $26.45 million; FETH’s total historical net inflow now stands at $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 publication, the total net asset value of spot Ethereum 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 to date reaching $11.2 billion.

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