Ethereum spot ETFs post $86.3 million net outflow on May 18, extending streak to six straight days

ChainCatcher reported that, based on SoSoValue data, Ethereum spot ETFs logged a combined net outflow of $86.3066 million on May 18 (ET). BlackRock's ETHA led the declines with a $55.3989 million one-day net outflow, while its cumulative net inflows stand at $11.757 billion. Fidelity's FETH followed, posting a $14.6979 million net outflow for the day; its cumulative net inflows total $2.183 billion. As of the report, Ethereum spot ETFs held $12.203 billion in total net asset value. Their net asset ratio—market value as a share of Ethereum's total market capitalization—was 4.77%. Cumulative net inflows since launch reached $11.745 billion.