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The US Spot Ethereum ETF has recorded the largest weekly outflow of funds since its launch.
[Largest weekly fund outflow since launch of US Spot Ethereum ETF] According to SoSoValue data, the US Spot Ethereum ETF saw nearly $800 million in fund outflows last week, marking the worst single-week performance since its launch in July last year. The Spot Bitcoin ETF also experienced large-scale fund outflows last week, with net redemptions exceeding $900 million. Over the past week, both BTC and ETH prices fell, although ETH slightly rebounded above $4000 on Saturday.