US spot Ethereum ETFs recorded a record 23 consecutive trading days of net outflows, the longest streak since launch, per on-chain analytics firm Glassnode. The sustained withdrawals signal weakening demand from traditional finance investors after heavy ETH accumulation during August and September 2026. Glassnode's chart illustrates a shift from strong inflows in late summer to persistent red outflow bars since early October, with ETH price hovering near $2,200-$2,300.
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