Ethereum ETFs Extend Outflow Streak as BlackRock ETHA Sells
Ethereum spot ETFs recorded $75.89 million in net outflows on December 19, extending the losing streak to seven consecutive trading days.
Summary
- Ethereum ETFs posted $75.89M in outflows, extending the streak to seven days.
- BlackRock’s ETHA accounted for all redemptions while other ETH ETFs saw zero flows.
- Cumulative ETH ETF inflows fell to $12.44B as ETH struggled below $3,000.
BlackRock’s ETHA accounted for all redemptions while the remaining eight Ethereum ETFs posted zero flow activity.
Total net assets under management for Ethereum (ETH) ETFs fell to $18.21 billion as of December 19. ETH struggled to reclaim the $3,000 level amid broader crypto market…
