Ethereum Spot ETFs See $86.31M Net Outflows Yesterday, Extending 6-Day Decline

According to SoSoValue data, Ethereum spot ETFs saw net outflows of $86.31 million yesterday (May 18). BlackRock’s ETHA ETF led the decline with $55.40 million in single-day outflows, though the fund’s cumulative net inflows stand at $11.76 billion since inception. Fidelity’s FETH ETF followed with $14.70 million in daily outflows, bringing its historical net inflows to $2.18 billion. The combined Ethereum spot ETF assets currently total $12.20 billion, representing 4.77% of Ethereum’s total market capitalization.