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Glassnode: US Spot Ethereum ETF Experiences Longest Net Outflow Since Launch

On November 1, Glassnode posted on X platform that ETF investors are withdrawing from ETH, with the US spot Ethereum ETF experiencing net outflows for 23 consecutive trading days, setting a record for the longest continuous outflow since the product's launch. This reflects weak demand from traditional investors, who had made significant purchases in August and September.

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