PANews reported on May 9 that according to SoSoValue data, on May 8, Eastern Time, Ethereum spot ETF had a total net outflow of $16.1138 million, and has recorded net outflows for three consecutive days. Grayscale Mini Trust ETH ETF had a net inflow of $3.1893 million on that day, the product with the most inflows, with a cumulative net inflow of $620 million; Fidelity FETH had a net outflow of $19.3031 million, the ETF with the most outflows on that day, and a cumulative net inflow of $1.427 billion. As of now, the total net asset value of ETH spot ETF is $7.219 billion, accounting for about 2.74% of the total market value of ETH.