U.S. Spot Ethereum ETFs Post Record 23 Straight Days of Net Outflows, Glassnode Says

AI Market Summary

US spot Ethereum ETFs have logged 23 consecutive trading days of net outflows, the longest streak since launch. The persistence signals fading traditional-finance demand for ETH after earlier accumulation, reinforcing cautious institutional positioning. This raises near-term sentiment and liquidity risk for ETH and may weigh on broader crypto risk appetite while flows remain negative.

Impact level

● High

Affected assets

ETH/USDT+1.30%

AI Insight · ETH/USDTAI Insight

▼ Bearish

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U.S. spot Ethereum ETFs have recorded 23 consecutive trading days of net outflows, the longest streak since launch, according to Glassnode. The onchain analytics firm said the sustained withdrawals reflect weakening demand from traditional finance investors, who had accumulated ETH heavily in August and September.

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