Ethereum spot ETF market shows obvious capital outflows. According to the latest data, on December 19th, Eastern Time, the net outflow reached $75.89 million. Among them, the ETHA ETF under BlackRock became the product with the largest single-day net outflow, with the outflow scale exactly matching this figure. Despite recent pressure, ETHA's historical cumulative net inflow still remains at a high level of $12.672 billion, indicating that as an important tool for institutional allocation of Ethereum, this product still maintains a considerable capital base. This wave of capital adjustment reflects the market's cautious attitude towards Ethereum's short-term trend and is also worth close attention from investors holding spot ETFs.