On March 24, the US Ethereum ETF suffered the longest daily withdrawal since its launch in July 2024, highlighting the shaky demand for the second-largest cryptocurrency.
According to data compiled by Bloomberg, the nine ETFs collectively lost about $415 million in 13 consecutive days of net outflows. By contrast, the US bitcoin ETF has rebounded after a period of weakening investor demand and recorded six consecutive days of net inflows through March 21.
The US Ethereum ETF suffered the longest capital outflow on record, with a net outflow of $415 million for 13 consecutive days
2025-03-24 10:46:22
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