BlackRock and other ETFs sold $1.61 BILLION of Ethereum, the largest monthly outflow since inception

The record $1.61 billion monthly Ethereum ETF outflow signals weakening institutional demand and reduced marginal buying support. It matters because ETF flows have been a key conduit for traditional capital into crypto; a reversal can amplify negative sentiment, raise liquidity concerns, and weigh on ETH relative to the broader market in the near term.