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Analysis: The single-day net outflow of the U.S. spot Ethereum ETF hit a record high yesterday, which is a short-term profit-taking, which does not mean a decline in institutional demand."

Internet reported that the U.S. spot Ethereum ETF experienced a net outflow of US$465.1 million on Monday, the largest outflow in a single day since its listing. Nick Ruck, director of research at LVRGResearch, said that considering the sector's record inflow of US$5.4 billion in July, the outflow may only reflect short-term profit-taking and does not represent a decline in institutional demand.

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