Ethereum ETFs record seven straight outflow days as ETHA leads $390M+ redemptions

U.S. spot Ethereum ETFs are in their first 7-day outflow streak of the year. Data cited from SoSoValue shows total net outflows of $391.65 million over the last seven sessions, following a prior six-day inflow run of $386 million. On Thursday, March 26, the 10 Ethereum ETFs recorded $92.54 million in net outflows, led by BlackRock’s ETHA with $140.24 million withdrawn. BlackRock’s staked Ethereum ETF, ETHB, partially offset losses with $96.81 million of inflows, highlighting rotation within Ethereum ETF wrappers rather than a uniform selloff. The article links the outflows to weakening institutional demand and a broader risk-off backdrop, including geopolitical tensions between the U.S. and Iran. It also points to capital shifting toward safe-haven assets such as gold, amid oil-price pressure and expectations of a hawkish Federal Reserve path. On the price side, Ethereum is under pressure, down about 45% from its yearly high to roughly the $1,815–$2,065 area discussed in the article. It notes exchange ETH balances have fallen to an all-time low, which some analysts interpret as continued accumulation. Market commentary (including Tom Lee and references to aggressive accumulation) suggests traders may be looking for a potential Ethereum bottom, but the ETF outflow data remains a near-term headwind. For crypto traders, the key watch is whether Ethereum ETFs sustain outflows or flip back to inflows, as that often aligns with short-term momentum and positioning.