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๐Ÿ“‰ [Ethereum Spot ETF Net Outflow โ€“ May 8 Recap]


On May 8 (EST), Ethereum spot ETFs saw a net outflow of $16.11M, indicating bearish sentiment.
๐Ÿ† Top Inflow:
Grayscale Mini ETH Trust (ETH): +$3.19M
๐Ÿ“‰ Largest Outflow:
Fidelity FETH: -$19.30M (though total historical inflow still at $1.427B)
๐Ÿ“Š Total AUM: $7.219B
๐Ÿ”— ETF market cap ratio vs ETH: 2.74%
๐Ÿ“Œ Cumulative net inflow: $2.452B
Outflows suggest weakening confidence โ€” is ETH losing steam short-term? ๐Ÿง
#EthereumETF # ETH
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