Spot Ether ETFs See Record $465M Daily Outflow

United States spot Ether exchange-traded funds (ETFs) recorded almost half a billion dollars in daily net outflows on Monday, marking their highest in a single day since launch, according to data from investment firm Farside Investors.

Farside Investors’ data shows that spot Ether (ETH) ETFs had net outflows of $465 million on Monday, their second day of outflows since breaking a 20-day inflow streak on Friday with net outflows of $152 million. 

The sharp pullback suggests a potential shift in investor sentiment after a strong performance in July,…