Ethereum spot ETFs post $28.14 million net outflow on May 20, extending outflow streak to eight days

ME News reports that, as of May 21 (UTC+8), SoSoValue data show Ethereum spot ETFs recorded a total net outflow of $28.1395 million on May 20 (Eastern Time), marking the eighth straight day of net redemptions. By fund, BlackRock's Staked ETH ETF (ETHB) led daily inflows with $4.3933 million, bringing its cumulative historical net inflow to $515 million. BlackRock's ETHA saw the largest single-day outflow at $30.9358 million, while its historical net inflow remains $11.667 billion. As of press time, total net asset value across Ethereum spot ETFs stands at $12.243 billion. The ETF net asset ratio—ETF market capitalization as a share of Ethereum's total market cap—was 4.75%, and cumulative net inflows totaled $11.655 billion. (Source: SoSoValue)