iShares Ethereum Trust loses $26.31 million, sparking short-term selling pressure concerns

iShares Ethereum Trust (ETHA) recorded $26.31 million in net outflows. Total U.S. spot Ether ETFs lost $103.51 million in a single day. Fidelity’s FETH led the decline with $62.26 million in withdrawals.

Spot Ether ETFs currently show alternating flows without a clear directional trend. These outflows weaken institutional buying channels. Analysts forecast increased short-term selling pressure on Ethereum as a result.