Ethereum spot ETFs experienced a significant capital outflow on Tuesday, June 30 (Eastern Time), with total net outflows reaching $27.5996 million, according to data from SoSoValue. This marks the ninth consecutive trading day of net outflows for the asset class.
Data Details: BlackRock's ETHA Sets Single-Day Outflow Record
The largest single-day outflow came from BlackRock's ETHA ETF, which reported a net outflow of $27.5996 million on the same day. This amount accounted for the entire total outflow and also set a new single-day record for the ETF since its inception. To date, ETHA's historical cumulative net inflow has reached $11.058 billion.
As of press time, the total net asset value of all Ethereum spot ETFs stands at $8.332 billion, with an ETF net asset ratio (the proportion of ETF holdings to total Ethereum market capitalization) of 4.38%. Despite recent consecutive outflows, cumulative net inflows remain high at $10.845 billion.
Persistent Outflow Trend: Nine Consecutive Days Reflects Market Sentiment
Ethereum spot ETFs have now recorded net outflows for nine consecutive trading days, with the cumulative scale warranting attention. This sustained capital exodus coincides with Ethereum price weakness and declining risk appetite among investors. Market participants are reducing their ETF positions, likely due to concerns over short-term volatility or tightening liquidity conditions.
Notably, although outflows have been persistent, historical cumulative net inflows remain above the $10 billion mark, suggesting a solid long-term capital base. Market observers will be watching to see if ETF flows reverse as ETH prices stabilize.