This week, ETH ETF funds have experienced severe outflows 📉—— The total net outflow for the week reached $189.9 million, with a total reduction of 99266.82 ETH holdings. Among them, BlackRock reduced its holdings of 33776.47 and Fidelity reduced its holdings of 31695.05, with heavy selling pressure. The price of ETH has fallen below the $2000 mark, and the ETH/BTC exchange rate is also continuously declining, currently at only 0.0229.