Ethereum spot ETF experienced its 4th consecutive day of net outflows yesterday, with a total of $9.6308 million leaving the market. Amid this wave of outflows, the Fidelity FETH ETF performed relatively better, with a single-day net inflow of $3.6518 million, becoming the only main product to attract funds against the trend. As a leading spot ETF in the industry, FETH's cumulative net inflow has reached $2.645 billion, demonstrating ongoing confidence from institutional investors. However, the continuous net outflows over multiple days also reflect the market's cautious attitude at the current price levels, with investors waiting for clearer market signals.