Ethereum and Bitcoin spot ETFs set a record outflow of funds in a single week.

As the majority of mainstream cryptocurrencies globally are experiencing a downturn in prices, Ethereum spot ETFs have seen the highest weekly outflow of funds in history. According to SoSoValue data, in the week ending September 26, the total outflow of funds from these ETFs reached $795.6 million, with a weekly trading volume exceeding $10 billion. This outflow scale is slightly higher than the second highest record of outflow for such funds, which recorded $787.7 million in the week ending September 5. Similarly, according to SoSoValue data, Bitcoin spot ETFs also recorded high weekly outflows, with a total outflow of $902.5 million from listed funds.