**Crypto Market Shake-Up: Grayscale's Ethereum ETF Faces Major Outflows**

In a surprising turn of events, the Grayscale Ethereum Trust ETF (ETHE) has seen a historic net outflow of $1.514 billion. Notably, on July 26 alone, investors pulled out $356 million, highlighting a day of significant volatility for Ethereum spot ETFs.

- **Key Figures:**

- **ETHE Outflows:** $1.514 billion total, $356 million on July 26

- **Ethereum Spot ETFs:** $163 million net outflow on July 26

Meanwhile, Grayscale's smaller-scale Ethereum Mini Trust ETF (ETH) experienced a contrasting trend, with a net inflow of $44.9 million on the same day. This brings its total net inflow to $164 million, reflecting investor confidence.

- **Other Highlights:**

- **BlackRock ETF ETHA:** $87.2 million net inflow on July 26, total $442 million

- **Total Net Asset Value of Ethereum Spot ETFs:** $9.238 billion

Despite these mixed fortunes, the overall market sentiment shows a shift, with cumulative net outflows for Ethereum spot ETFs reaching $341 million. This comes as eight investment firms launched nine new Ethereum ETFs, following SEC approval in May.