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Analysis: Record-High Single-Day Net Outflow from US Spot Ethereum ETFs Yesterday Reflects Short-Term Profit-Taking, Not a Decline in Institutional Demand
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According to Jinse Finance, U.S. spot Ethereum ETFs saw a net outflow of $465.1 million on Monday, marking the largest single-day outflow since their launch. Nick Ruck, Head of Research at LVRG Research, noted that given the record $5.4 billion inflow into the sector in July, this outflow may simply reflect short-term profit-taking rather than a decline in institutional demand.
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