The post US Spot Ethereum ETFs See $243.9 Million Outflow as Investor Focus Shifts appeared on BitcoinEthereumNews.com. The previous week saw an outflow of $311 million in Ether products, while this week they registered a net redemption of $243.9 million. According to SoSoValue statistics, spot Bitcoin ETFs saw a surge in activity this week, with net inflows of $446 million. After months of robust inflows, investor mood has cooled, and Spot Ethereum exchange-traded funds (ETFs) have reported two weeks of withdrawals. The previous week saw an outflow of $311 million in Ether products, while this week they registered a net redemption of $243.9 million, according to statistics from SoSoValue. The most recent numbers show that $14.35 billion has been invested in all Ether spot ETFs, bringing the total net assets to $26.39 billion. This amounts to around 5.55% of Ethereum’s market cap. There were $93.6 million in withdrawals on Friday as well. While Grayscale’s ETHE and Bitwise’s ETHW saw small inflows, BlackRock’s ETHA ETF topped outflows with $100.99 million. Institutional Investors Waiting for Fresh Catalysts According to SoSoValue statistics, spot Bitcoin ETFs saw a surge in activity this week, with net inflows of $446 million as institutional investors made a triumphant comeback to the market. With an additional $90.6 million contributed on Friday, the products’ total net assets reached $149.96 billion, or 6.78 percent of Bitcoin’s market value, while cumulative inflows reached $61.98 billion. iShares Bitcoin Trust (IBIT) of BlackRock received $32.68 million, while FBTC of Fidelity received $57.92 million, as the top two funds receiving inflows. With $89.17B in assets and $22.84B in FBTC, these two funds continue to dominate the market. As investors put more money into the “digital gold” and store-of-value story, analysts predict that ETF flows will continue to show a “strong” shift toward Bitcoin. Market mood favoring assets seen as sturdy in the face of global instability and expectation of impending interest rate decreases is… The post US Spot Ethereum ETFs See $243.9 Million Outflow as Investor Focus Shifts appeared on BitcoinEthereumNews.com. The previous week saw an outflow of $311 million in Ether products, while this week they registered a net redemption of $243.9 million. According to SoSoValue statistics, spot Bitcoin ETFs saw a surge in activity this week, with net inflows of $446 million. After months of robust inflows, investor mood has cooled, and Spot Ethereum exchange-traded funds (ETFs) have reported two weeks of withdrawals. The previous week saw an outflow of $311 million in Ether products, while this week they registered a net redemption of $243.9 million, according to statistics from SoSoValue. The most recent numbers show that $14.35 billion has been invested in all Ether spot ETFs, bringing the total net assets to $26.39 billion. This amounts to around 5.55% of Ethereum’s market cap. There were $93.6 million in withdrawals on Friday as well. While Grayscale’s ETHE and Bitwise’s ETHW saw small inflows, BlackRock’s ETHA ETF topped outflows with $100.99 million. Institutional Investors Waiting for Fresh Catalysts According to SoSoValue statistics, spot Bitcoin ETFs saw a surge in activity this week, with net inflows of $446 million as institutional investors made a triumphant comeback to the market. With an additional $90.6 million contributed on Friday, the products’ total net assets reached $149.96 billion, or 6.78 percent of Bitcoin’s market value, while cumulative inflows reached $61.98 billion. iShares Bitcoin Trust (IBIT) of BlackRock received $32.68 million, while FBTC of Fidelity received $57.92 million, as the top two funds receiving inflows. With $89.17B in assets and $22.84B in FBTC, these two funds continue to dominate the market. As investors put more money into the “digital gold” and store-of-value story, analysts predict that ETF flows will continue to show a “strong” shift toward Bitcoin. Market mood favoring assets seen as sturdy in the face of global instability and expectation of impending interest rate decreases is…