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Just caught the latest Ethereum ETF flows and wow, the big net outflows last week were pretty significant. We're talking $59.94 million heading out of Ethereum spot ETFs in just one week (March 16-20). BlackRock's ETHA took the hardest hit with a massive $69.5865 million net outflow - that's the biggest mover by far. Fidelity's FETH wasn't far behind either, down $61.6216 million for the week. Pretty rough stretch for the two heavyweights.
Not all bad though. Grayscale's Ethereum Mini Trust actually managed to pull in $6.8702 million during the same period, which was the only real bright spot in the big net flow picture. Still, with ETHA and FETH combined losses running so deep, the overall trend is clearly bearish.
Looking at the bigger picture, Ethereum spot ETFs now sit at $12.33 billion in total assets, though the big net inflows have definitely slowed down. ETHA's still sitting pretty with $11.91 billion in cumulative inflows despite last week's sell-off, but the recent momentum suggests we might see more volatility ahead.