Ethereum ETF Assets Under Management hit a historic low, with over $1.1 billion in outflows over the past seven weeks.

[Ethereum ETF Assets Under Management hit a historic low, with over $1.1 billion in outflows in seven weeks] As of April 18, the Spot Ether ETF Assets Under Management (AUM) has fallen to $4.57 billion, marking a historic low since the establishment of such registered products. These ETFs have experienced net outflows for seven consecutive weeks, with a total net outflow amount reaching $1.1 billion during this period. Grayscale’s ETHE has been a significant source of capital outflow, and its 2.5% management fee (compared to BlackRock’s more competitive 0.25%) may deter investors. Like its Bitcoin counterpart, GBTC, ETHE is also facing significant redemptions as investors turn to cheaper alternatives after the mandatory lock-up period expires. The fee difference has been a substantial drag on long-term holders, especially in a price-sensitive market environment.