Ethereum Spot ETFs Experience Significant Net Outflows

According to PANews, data from SoSoValue indicates that on March 27 (Eastern Time), Ethereum spot ETFs saw a total net outflow of $4.2159 million. All nine ETFs reported no net inflows. Notably, the VanEck ETF (ETHV) experienced a single-day net outflow of $2.207 million, with a historical total net inflow of $136 million. Meanwhile, the Fidelity ETF (FETH) recorded a single-day net outflow of $2.0088 million, with a historical total net inflow of $1.408 billion. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $6.871 billion, representing 2.84% of Ethereum's total market capitalization. The historical cumulative net inflow for these ETFs is $2.404 billion.