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Ethereum Spot ETFs Record $71.17 Million Net Outflow on April 2; BlackRock's ETHA Leads Redemptions

Ethereum spot exchange-traded funds (ETFs) collectively registered a net outflow of $71.17 million on April 2, U.S. Eastern Time, according to data from SoSoValue cited by Odaily Planet Daily. BlackRock's ETHA led these redemptions, experiencing a significant single-day net outflow of $46.66 million. Concurrently, Grayscale's Ethereum Trust ETF (ETHE) also contributed to the overall decline, recording a $16.80 million net outflow on the same day. These figures highlight a period of capital withdrawal from the Ethereum spot ETF market, impacting the total net asset value, which stood at $11.699 billion as of publication, with cumulative net inflows reaching $11.481 billion.
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