The US Ethereum ETF Faces Longest Streak of Outflows, with Net Redemptions of $415 Million over 13 Consecutive Days

Blockbeats
03-24

BlockBeats News, March 24th: The U.S. Ethereum ETF faced its longest daily outflow on record since its launch in July 2024, highlighting the unstable demand for the second largest cryptocurrency.

According to data compiled by Bloomberg, these nine ETFs experienced a total net outflow of approximately $415 million over a consecutive 13-day period. In contrast, U.S. Bitcoin ETFs have rebounded with six consecutive days of net inflows as of March 21st after a period of weakened investor demand.

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