Ether ETF Hit with $598 Million Outflow as Sentiment Turns Bearish

The ProShares' EETH Ether Strategy ETF experienced net outflows of $598,707 on June 11, 2026, eroding investor confidence in listed crypto products.

The outflow accounts for approximately 1.19% of the fund's current assets under management, which stand at around $50.3 million.

This comes amidst a challenging period for Ether, with its price dropping over 20.5% in the past three months to trade at $1,675.45.