📉 Ethereum ETF Inflow Streak Snapped! 🛑
After 19 straight days of inflows, U.S. spot Ether ETFs finally saw $2.1M in outflows on June 13.
🔹 Total brought in during the streak: $1.37B
🔹 That’s 35% of all ETH ETF inflows since launch in July 2024!
🔹 But here’s the twist…$ETH is still trading lower than it was at the start of the streak — now at $2,552, down from $2,620.
💬 Why the hesitation? Some analysts blame the lack of staking rewards in ETFs. As BlackRock’s digital asset chief said, they're “less perfect” without it.
👀 Still, institutions aren’t backing down. SharpLink Gaming just scooped up 176K ETH ($463M) — the biggest public holder yet!
⚠️ Heads-up though: Q3 has historically been weak for ETH, averaging just 0.88% returns since 2013.
🧠 TL;DR:
Streak broke, but interest is hot 🔥
ETH lagging, but whales are buying 🐋
Q3 could be choppy 🌊
#Ethereum #ETH #CryptoNews #BinanceSquare #ETFs #CryptoTrends