⚡ Ethereum-ETF under pressure again!
On August 18, spot Ethereum-ETFs recorded an outflow of $196.6 million in one day — the second largest since the launch in July 2024 😱
Top losses:
🔻 ETHA — $87.16 million
🔻 FETH — $78.4 million
🔻 ETHE — $18.7 million
🔻 EZET — $6.63 million
🔻 ETHV — $4.79 million
🔻 ETHW — $938K
This marks the second consecutive day of outflows. The record remains August 4 — at that time, the sector saw an exit of $465 million.
Bitcoin-ETFs also couldn't withstand: –$121.8 million, mainly due to IBIT and ARKB. The exception is BITB, which added +$12.6 million.
👉 In Hong Kong, the situation is different: bitcoin-ETFs remained stable, while Ethereum-based products showed an inflow of 1010 ETH.