Multiple accounts report ETH spot ETFs saw sizable net outflows on April 1 and April 2, with BlackRock clients selling heavily, reinforcing a rotation narrative away from ETH in the short term.
🇺🇸 Ethereum spot ETFs recorded a net outflow of $71.2M on April 2.
BlackRock clients sold $46.7M worth of $ETH.
🇺🇸 Ethereum spot ETFs recorded a net outflow of $7.1M on April 1.
Spot Ethereum ETFs posted total net outflows of $71.17 million, with BlackRock’s ETHA seeing the largest single-day net outflow at $46.66 million.
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