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US Spot Ethereum ETFs Record Largest Weekly Outflow Since Listing
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According to Jinse Finance, data from SoSoValue shows that the US spot Ethereum ETF saw nearly $800 million in outflows last week, marking its worst weekly performance since its launch in July last year. The spot Bitcoin ETF also experienced significant outflows last week, with net redemptions exceeding $900 million. Both BTC and ETH prices declined over the past week, although ETH saw a slight rebound above $4,000 on Saturday.
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