Glassnode
US spot ETH ETFs have recorded 23 consecutive sessions of outflows, the longest such streak since the funds launched. The withdrawals point to weak demand from traditional investors who bought heavily in August and September.
Why it matters
The run of outflows suggests that earlier buying has not translated into sustained demand for spot ETH ETF exposure. Its length makes the streak a notable reversal in investor flows.
Market impact
The reported outflows are a headwind for institutional demand for ETH. Whether the streak ends, or continues to extend the record, is the key flow signal to watch.
Frequently asked questions
-
How long have US spot ETH ETFs seen outflows?
They have recorded 23 consecutive sessions of outflows, the longest streak since the funds launched.
-
What does the outflow streak suggest about traditional investors?
It signals weak demand from traditional investors for spot ETH ETF exposure.
-
When did traditional investors buy ETH ETFs heavily?
The seed says traditional investors bought heavily in August and September.
-
Why is the 23-session streak notable?
It is the longest run of outflows since US spot ETH ETFs launched.
-
What flow signal is worth watching next?
Whether outflows end or the streak extends is the next signal to watch for institutional appetite for ETH.
CryptoSlate
CoinTelegraph
WuBlockchain
Lookonchain
Crypto News
TheBlock
WatcherGuru