According to Odaily, Deribit's Asia-Pacific Business Head, Lin Chen, reported that Ethereum ETFs have faced substantial outflows this week, totaling $335.5 million. This resulted in a net reduction of 134,100 ETH. Most institutions did not experience net inflows, with $ETHE and Fidelity reducing their holdings by 31,038.92 ETH and 23,271.13 ETH, respectively. BlackRock saw an even larger outflow of 69,351.74 ETH. Currently, the price of ETH is hovering around $2,200, with the DVOL volatility index at 66.21. The ETH/BTC exchange rate has reached a new low of 0.0257.

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