Ethereum spot ETFs recorded a $6.67 million net outflow on May 22, marking the 10th consecutive day of outflows.

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Ethereum spot ETFs recorded a $6.67 million net outflow on May 22, marking the 10th consecutive day of withdrawals. BlackRock’s ETHA led with a $5.64 million outflow, while Fidelity’s FETH lost $1.03 million. This trend contrasts with recent inflows into spot Bitcoin ETFs. Risk-on assets continue to face pressure as investors reassess their exposure.

PANews, May 23: According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $6.6736 million yesterday (May 22, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow was BlackRock’s ETHA, which saw a net outflow of $5.6436 million; ETHA’s cumulative net inflow to date stands at $11.623 billion. Second was Fidelity’s FETH, with a single-day net outflow of $1.03 million; FETH’s cumulative net inflow to date is $2.176 billion.

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