BlackRock's iShares Ethereum Trust saw $110M in net outflows as US spot Ethereum ETFs shed $224M amid the Fed's first rate hike in three years.
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In the session of September 16, institutional investors pulled the brakes on the Ethereum ETFs listed in the United States, with Ethereum ETF flows totaling $224 million in one day. The heaviest hit came from BlackRock's iShares Ethereum Trust (ETHA) fund, which recorded a ransom of $110.03 [...]