Drain Hits Spot ETH ETFs | Crypto

ETH ETFs have logged $1.04B in net outflows over six sessions, taking AUM to $27.39B (5.28% of ETH’s market cap) as daily volume has reached $1.52B. Withdrawals have been led by BlackRock’s ETHA, partly offset by Fidelity’s FETH, while Bitcoin ETFs have continued to attract inflows.   The post Alarming $1B Drain Hits Spot ETH ETFs in 6-Day Streak – Is a Deeper Crash Imminent? appeared first on Cryptonews.