Ethereum ETFs See First Outflow Amid Price Stagnation

Ethereum ETFs See First Outflow Amid Price Stagnation
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Ethereum ETFs recorded their first net outflow in 20 days, ending a positive streak despite strong capital inflows. The altcoin’s price remains stagnant, raising concerns about its performance despite growing ETF demand.

  • Ethereum ETFs ended a 19-day inflow streak with a $2.14M net outflow on June 13th.
  • Fidelity's Ethereum Fund saw an $8.85M outflow, while Grayscale's Mini Trust had a $6.67M inflow.
  • Despite $1.384B in ETF inflows over five weeks, Ethereum's price remains stagnant near $2,500.
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