Analysis: Yesterday's record-breaking daily net outflow from US spot Ethereum ETFs was due to short-term profit-taking, not a decline in institutional demand.


 the US spot Ethereum ETF saw a net outflow of $465.1 million on Monday, marking the largest single-day outflow since its listing. Nick Ruck, research director at LVRGResearch, said that considering the record $5.4 billion inflow into this sector in July, this outflow may only reflect short-term profit-taking and does not necessarily indicate a decrease in institutional demand.