US spot Ethereum ETFs see $103M outflows, ending four-day inflow streak amid softer institutional demand.

US spot Ethereum ETFs experienced $103.52 million in net outflows on May 7, breaking a four-day streak of inflows and indicating reduced institutional interest. Major funds like Fidelity's Ethereum Fund and BlackRock's iShares Ethereum Trust saw significant withdrawals. Despite the outflows, trading volume remained active, with BlackRock's fund leading turnover. The sector's assets under management total about $13.6 billion, showing the growing role of ETFs in Ethereum's market. Future flows will depend on Ethereum's price, macroeconomic conditions, and US crypto regulations.