Spot Ethereum ETFs recorded a total net outflow of $92.5448 million yesterday.

Ethereum ETFs See $92.5M Outflows as BlackRock's Two Funds Go in Opposite Directions

It was a big outflow day for Ethereum spot ETFs. According to SoSoValue, total net outflows hit roughly $92.54 million on Wednesday, March 26th (Eastern Time).

But beneath the surface, there was a sharp divergence. BlackRock's staked ETH ETF, ETHB, pulled in a massive $96.81 million in inflows. That pushed its lifetime net inflows to $261 million.

On the flip side, BlackRock's other Ethereum fund—ETHA—saw a huge outflow. About $140 million left the fund in a single day. Even with that, its total net inflows since launch still sit at a hefty $11.70 billion.

Zooming out, total net assets held by Ethereum spot ETFs currently stand at $11.70 billion. That's about 4.7% of Ethereum's total market cap. Cumulative net inflows have now reached $11.57 billion.