U.S. Ethereum Spot ETF Sees $17.6 Million Net Outflow

In Brief:

On May 13, the U.S. Ethereum spot ETF recorded a net outflow of $17.6 million.

The move comes amid a 2.57% daily increase in ETH price.

According to data from Farside Investors, the U.S. Ethereum spot ETF saw a net outflow of $17.6 million on May 13. The withdrawal reflects cautious sentiment among institutional investors, even as ETH itself recorded a 2.57% price increase on the day.

This marks one of the more notable outflow events in recent weeks for ETH-focused ETFs, which had previously seen consistent inflows during the broader market rally. Analysts suggest the outflow could be a temporary rebalancing move or profit-taking ahead of upcoming macroeconomic events.

While Ethereum’s price remains on an upward trend, ETF flow data is often viewed as a key signal for institutional positioning in the crypto market.

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