
22 Million Worth of Outflows: Ethereum ETFs Face Unprecedented Sell-Off
The launch of ETH spot ETFs in 2024 was initially met with optimism, largely driven by the success of Bitcoin spot ETFs earlier in the year. Many expected a similar influx of institutional capital into the Ethereum market. However, the recent outflows could indicate a shift in investor sentiment or a different market dynamic at play.
Despite increasing regulatory clarity in the U.S. and the inclusion of ETH in the country’s digital asset stockpile, these factors have not been enough to halt the ongoing ETF outflows. Furthermore, external macroeconomic factors such as recession fears, tariff uncertainties, and geopolitical risks are likely contributing to the sell-off.
Institutional investors, who are generally more risk-averse than retail traders, may be pulling back due to these broader concerns.
Source: https://u.today/ethereum-eth-fees-plummet-50-as-network-activity-slowdown-sparks-concerns