US spot Ethereum ETF lost $401 million in March

Odaily Planet Daily News In March, the US spot Ethereum ETF saw an outflow of $401 million, accounting for 5.9% of total assets. In contrast, the outflow of the Bitcoin ETF was $893 million, accounting for 0.9% of total assets. Ethereum has fallen 37% year-to-date, while Bitcoin has fallen 7.5%. In early March, the Ethereum ETF saw positive inflows of $14.58 million only on March 4, while January and February attracted inflows of $101 million and $60 million, respectively. Despite this, the Ethereum ETF has maintained a net inflow of $2.42 billion since its launch, but compared with the Bitcoin ETF's $3.605 billion, the gap is obvious. In addition, since March 1, the price of Ethereum has fallen 8.5%, while Bitcoin has risen more than 3%. (CoinDesk)