#CreatorPad Ethereum Spot ETF Flows See Crucial Shift As Outflows Hit $11.3M

BitcoinWorld

Ethereum spot ETF Flows See Crucial Shift as Outflows Hit $11.3M

The nascent U.S. Ethereum spot ETF market experienced a notable shift on June 20, recording its first day of net outflows after a promising four-day streak of positive inflows. This development has caught the attention of investors closely watching the impact of these new investment vehicles on the broader crypto market.

Understanding Recent ETH ETF Flows

After kicking off trading with significant interest, the various U.S. ETH ETF products saw cumulative inflows exceeding $100 million in the days leading up to June 20. However, the latest data indicates a reversal in this trend, with a net outflow of $11.3 million recorded on Thursday.