CoinEx News: U.S. spot Ethereum ETFs recorded another day of net outflows on June 3, with SoSoValue data showing $52.936 million leaving the products, marking the 17th consecutive trading day of redemptions. BeInCrypto also framed the move as a broader demand slowdown, saying Ethereum buying pressure has fallen sharply as institutional flows remain negative.

The key signal is ETH-specific, not just a repeat of the broader Bitcoin ETF selloff. Persistent Ether ETF redemptions suggest regulated demand is still failing to absorb downside pressure, keeping ETH vulnerable unless spot accumulation or derivatives positioning turns decisively stronger.