“Significant Outflow of $465M from US Spot Ether ETFs as iShares Ethereum Trust Leads Exodus, While Institutional Demand Remains Strong”

US spot Ether exchange-traded funds (ETFs) experienced a significant outflow of $465 million on Monday, the largest single-day outflow since their launch. BlackRock's iShares Ethereum Trust led the exodus with nearly $375 million in outflows. This shift in investor sentiment follows a strong July performance where spot Ether ETFs saw record net inflows of $5.43 billion. Despite the outflows from ETFs, blockchain data indicates ongoing institutional demand for Ether, with several large wallets acquiring significant amounts of ETH through over-the-counter deals.

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