🚨 Ethereum ETFs Bleeding $1.1B - What's Going On?
ETHETFshitrecordlow∗∗ETHETFshitrecordlow∗∗4.57B AUM** after massive outflows:
• 7 straight weeks of withdrawals
• Grayscale's 2.5% fee driving investors away
• No staking rewards = less attractive vs holding ETH directly
Vs BTCETFs:∗∗BitcoinETFsholdingstrongwhile∗∗BTCETFs:∗∗BitcoinETFsholdingstrongwhile∗∗ETH struggles
My take:
Institutions prefer Bitcoin's clearer "digital gold" narrative. Needs staking approval to compete!
👉 Check $ETH chart
💬 Will Ethereum ETFs recover or keep bleeding?