The recent capital movements in Ethereum spot ETFs are worth paying attention to. According to the latest data, on December 16th, Eastern Time, Ethereum spot ETFs experienced a net outflow of $224 million, marking the fourth consecutive day of outflows.

Among various ETF products, BlackRock's ETHA performed the best — with a single-day net outflow of $221 million, accounting for nearly the majority of the total market net outflows. However, in the long term, ETHA's ability to attract funds remains strong, with a cumulative net inflow of $12.87 billion, indicating that since its launch, this product has continued to be an important choice for institutional exposure to Ethereum.

The short-term outflows may reflect some investors taking profits or adjusting their strategies, but the cumulative inflow data shows that the market's long-term demand for products like Ethereum spot ETFs remains robust. Institutional investors' attitudes toward crypto asset allocation often serve as a reference signal for market participants.