U.S. spot ETH ETFs log second straight day of outflows, with $21.8M on May 7

U.S. spot Ethereum (ETH) ETFs witnessed a combined net outflow of $21.8 million on May 7, marking the second consecutive day of outflows, according to data from Farside Investors. The day's withdrawal was entirely attributed to BlackRock's ETHA, with other funds reporting no changes in their holdings.