According to Farside Investors, the Ethereum ETF market experienced a total net outflow of $16.1 million on May 8, 2025, with significant withdrawals primarily from the FETH ETF, which saw a $19.3 million outflow, while the ETH ETF recorded a modest inflow of $3.2 million (source: Farside Investors, May 9, 2025). This pattern of negative ETF flows signals a cautious stance among institutional investors towards Ethereum, potentially increasing short-term volatility and impacting overall crypto market sentiment as traders react to reduced institutional exposure.