U.S. spot Ethereum ETFs saw $12.1M worth of total net outflows on April 16

U.S. spot Ethereum ETFs experienced a combined net outflow of $12.1 million on April 16, marking the seventh consecutive trading day of net outflows, according to data from Farside Investors. Specifically, Grayscale’s ETHE led the pack with $8.2 million in net outflows, followed by BlackRock’s ETHA ($4.3 million) and Franklin Templeton’s EZET ($1.8 million). In the meantime, Grayscale’s mini ETH witnessed a net inflow of $2.2 million, while the remaining ETFs reported no change in their holdings on that day.