Ethereum ETF Sees Record Daily Outflows Amidst Shifting Investor Demand

COINOTAG News, March 24th: The recent trend in Ethereum exchange-traded funds (ETFs) has drawn significant attention as the U.S. Ethereum ETF recorded its most prolonged daily outflow since its inception in July 2024. This trend underscores the volatile demand for the second-largest cryptocurrency by market capitalization. According to Bloomberg data, this downturn saw a net outflow of about $415 million across nine ETFs over a 13-day span. Meanwhile, U.S. Bitcoin ETFs have shown resilience, achieving six consecutive days of net inflows as of March 21st, indicating a resurgence in investor confidence following a period of decreased demand. This divergence in ETF performance emphasizes the shifting landscape of digital asset investment and the need for investors to remain vigilant amid evolving market dynamics.