On Monday, there was a significant outflow of over $79 million from nine US spot Ethereum ETFs, the biggest single-day outflow since July. The Grayscale Ethereum Trust (ETHE) saw the most redemptions, with investors withdrawing over $80 million. Since its ETF conversion, ETHE has experienced net outflows of more than $2.8 billion. However, despite this downturn, ETHE remains the largest Ether fund globally with approximately $4.6 billion in assets under management. The Bitwise Ethereum ETF (ETHW) was the only gainer on the day, with no reported flows from competing funds, and investors purchased shares totaling over $1 million. ETHW has seen net buying of over $320 million, with Ether holdings exceeding 97,700 tokens. US-listed Ethereum ETFs have faced sluggish demand since their market debut in July, in contrast to their Bitcoin counterparts, which have seen three consecutive days of gains, collectively adding $4.5 million.



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