US spot Ethereum ETFs have recorded a net outflow streak lasting 23 consecutive days, the longest on record. The sustained withdrawals point to fading institutional appetite for ETF exposure to ETH, even as on-chain staking activity picks up. Traders may read the persistent outflows as a bearish signal for ETH demand from traditional investors.
Robinhood reported record revenue of $1.4 billion, but profit fell 14%, which the story attributes to hidden portfolio losses.
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