Ethereum ETFs Bleed: Friday’s $2,500 ETH Price Triggers Biggest Outflows of June

Ethereum's rough week just got rougher. Spot ETH ETFs saw their heaviest single-day exodus this month as prices cratered below $2,500—proof that even crypto's 'safe' bets aren't immune to panic selling.

The great institutional shuffle

Friday's selloff exposed what crypto traders already knew: Wall Street's newfound love for ETH is fickle as a meme coin pump. The outflows suggest big players are treating Ethereum like just another tradeable asset—loading up on dips, bailing on rips. Some 'store of value.'

Silver lining? This is exactly why we needed ETFs

Volatility shocks liquidity into markets. The very outflows causing hand-wringing today prove Ethereum's maturation—real assets require real price discovery. Though traditional finance might need smelling salts when crypto does what crypto does.

Next week's question: Will the 'digital oil' narrative hold when ETH moves like a leveraged tech stock? Someone check Vitalik's blood pressure.