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The US Ethereum ETF suffered the longest capital outflow on record, with a net outflow of $415 million for 13 consecutive days

On March 24, the US Ethereum ETF suffered the longest daily withdrawal since its launch in July 2024, highlighting the shaky demand for the second-largest cryptocurrency. According to data compiled by Bloomberg, the nine ETFs collectively lost about $415 million in 13 consecutive days of net outflows. By contrast, the US bitcoin ETF has rebounded after a period of weakening investor demand and recorded six consecutive days of net inflows through March 21.