Ether ETFs See Heavy Outflows Amid Risk-Off Sentiment

[bonk]

Ether US-listed exchange-traded funds daily net flows, USD. Source: Farside Investors

US-listed Ether ETFs recorded $533 million in net outflows since last Thursday, signaling waning institutional interest. ETH futures premiums and open interest also declined, reflecting cautious positioning and limited confidence. Ether plunged to $2,800 on Wednesday, triggering $165 million in liquidations across bullish futures. Broader tech weakness, including a 1.8% drop in the Nasdaq, added to risk aversion. Traders are now eyeing Thursday’s US CPI report, as softer inflation could support a short-term rebound, though confidence in ETH remains fragile amid ETF outflows and declining leveraged demand.