Last week's trading days (December 22 to 26, Eastern Time) saw Ethereum spot ETFs disappoint many — a total net outflow of $102 million for the week. The biggest drain was from BlackRock's ETHA, which alone saw a weekly net outflow of $69.42 million. That said, BlackRock's ETF is quite solid; although it has recently turned weekly profitable, looking back at the history, the total net inflow has already accumulated to $12.6 billion. The overall capital adjustment in Ethereum spot ETFs may reflect some cautious attitudes among investors at the end of the year.
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consensus_failure
· 12h ago
It's the end of the year, and everyone is running. Even BlackRock's 12.6 billion can't save this wave of losses.
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GasFeeSobber
· 12h ago
Selling at the end of the year, this wave of outflows is just a shakeout. BlackRock's 126 billion base is still there, so what's the panic about?
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SerRugResistant
· 12h ago
What about the people who bought the dip at the end of the year? Why did they end up running away?
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GasFeeVictim
· 12h ago
Is it BlackRock again unable to hold up? Everyone is running at the end of the year.
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ser_aped.eth
· 12h ago
Selling off at the end of the year is really ruthless; BlackRock lost nearly $70 million this week... but overall it is still in the green, so long-term there are no major issues.
Last week's trading days (December 22 to 26, Eastern Time) saw Ethereum spot ETFs disappoint many — a total net outflow of $102 million for the week. The biggest drain was from BlackRock's ETHA, which alone saw a weekly net outflow of $69.42 million. That said, BlackRock's ETF is quite solid; although it has recently turned weekly profitable, looking back at the history, the total net inflow has already accumulated to $12.6 billion. The overall capital adjustment in Ethereum spot ETFs may reflect some cautious attitudes among investors at the end of the year.