Ethereum (ETH) spot ETFs in the US saw a net outflow of $11.2 million (₩16.3 billion) on July 9th, according to Farside Investors. This marks the second consecutive day of net outflows for these investment vehicles. BlackRock's ETHA experienced a net outflow of $5.5 million, while Fidelity's FETH saw a net outflow of $5.7 million. This suggests a potential shift in investor sentiment towards ETH spot ETFs, or could simply be profit-taking after recent gains. The reasons behind the outflow remain speculative. Market analysts are closely watching trading activities to determine if it is a short-term fluctuation or a start of a downward trend for ETH ETFs. ```