Ethereum OI declines to ~5.8M ETH; U.S. ETFs net $80.5M in week ending March 1

Ethereum’s derivatives market saw a broad leverage reduction, with open interest dropping from roughly 7.79 million ETH to about 5.8 million ETH. U.S. spot ETH ETFs recorded $80.5 million in net inflows during the week ending March 1, while BlackRock posted a $43 million outflow on February 27; price later rebounded toward $2,003.