ETHEREUM ETFS LOSE $431.5 MILLION IN ONE WEEK The institutional crypto markets have just finished a rough week. According to SoSoValue data reported by The Block, U.S. spot Ethereum ETFs recorded about $431.5 million in net inflows during the week ending Oct. 30. Friday alone accounted for $155.9 million in withdrawals — the largest single-day outflow since Oct. 7. And Ethereum was not alone. Bitcoin Spot ETFs posted about $643.3 million in net inflows on Friday, their biggest daily draw in four months. The timing is decisive. Those redemptions followed the $6.3 billion Binance hot wallet attack, which sparked renewed concerns about exchange security and broader risk to the crypto market. But there is an important distinction. ETF investors do not hold their assets in compromised Binance wallets. The withdrawals reflect investment flows and a change in risk appetite, rather than direct losses caused by exploitation. Market analysts described the reaction as a sentimental shock, with investors reducing exposure as they wait for greater clarity. ETH was trading around $2,296 late Sunday, according to Block, after a modest recovery over the previous 24 hours. Now the question is whether institutional demand stabilizes as the market absorbs the event. The long-term infrastructure story of websites has not gone away. But in the short term, institutional capital shows how quickly trust can change.

ETHEREUM ETFS LOSE $431.5 MILLION IN ONE WEEK The institutional crypto markets have just finished a rough week. According to SoSoValue data reported by The Block, U.S. spot Ethereum ETFs recorded about $431.5 million in net inflows during the week ending Oct. 30. Friday alone accounted for $155.9 million in withdrawals — the largest single-day outflow since Oct. 7. And Ethereum was not alone. Bitcoin Spot ETFs posted about $643.3 million in net inflows on Friday, their biggest daily draw in four months. The timing is decisive. Those redemptions followed the $6.3 billion Binance hot wallet attack, which sparked renewed concerns about exchange security and broader risk to the crypto market. But there is an important distinction. ETF investors do not hold their assets in compromised Binance wallets. The withdrawals reflect investment flows and a change in risk appetite, rather than direct losses caused by exploitation. Market analysts described the reaction as a sentimental shock, with investors reducing exposure as they wait for greater clarity. ETH was trading around $2,296 late Sunday, according to Block, after a modest recovery over the previous 24 hours. Now the question is whether institutional demand stabilizes as the market absorbs the event. The long-term infrastructure story of websites has not gone away. But in the short term, institutional capital shows how quickly trust can change.