MarketPR
spot Ethereum ETFs recorded a combined net outflow of $40.83 million on June 9, ending a three-day stretch of positive flows, according to data from TradeT.
Grayscale and BlackRock products drove the bulk of the reversal, with $ETH trading near $3,500 at the time — a level that may have encouraged short-term profit-taking among ETF holders.
Where the Redemptions Concentrated The outflow was not evenly distributed. Grayscale's Ethereum Trust (ETHE) led all products with $17.42 million in net redemptions.
Its smaller sibling, the Grayscale Mini Ethereum Trust, shed an additional $14.96 million, bringing the combined Grayscale drain to roughly $32.38 million.
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