BlackRock’s iShares Ethereum Trust (ETHA) recorded its largest single-day net outflow on May 29, 2026. Investors withdrew approximately $40.72 million from the fund during the session.
Ethereum spot ETFs collectively posted a net outflow of $17.91 million. This performance marks the 14th consecutive day of net outflows for the asset class.
Redemptions suggest investors are taking profits or de-risking ahead of anticipated market volatility. Short-term technical indicators for ETH-USD have turned bearish. Analysts are monitoring the trend for signs of a broader rotation out of Ethereum-focused investment vehicles.