According to the latest data from Farside, significant movements have been recorded in the U.S. Ethereum spot ETF market. On February 13th, a remarkable net outflow of $40.9 million was observed, indicating investors’ shifting sentiment towards Ethereum assets. Notably, the BlackRock ETHA ETF experienced no net inflow or outflow, suggesting a stabilization in that particular fund amidst market volatility. Conversely, the Grayscale ETHE ETF faced a substantial net outflow totaling $30.2 million. Such trends highlight ongoing fluctuations in investor confidence and may reflect broader market sentiments regarding Ethereum’s future performance. As the cryptocurrency landscape continues to evolve, watching these ETF movements will be crucial for market participants aiming to leverage the potential of Ethereum investments.
Source: https://en.coinotag.com/breakingnews/ethereum-spot-etf-faces-40-9-million-net-outflow-amid-grayscales-30-2-million-retreat/