In the past week, the Ethereum market has experienced some fluctuations. From September 22 to 26 (Eastern Time), the price of Ethereum fell from $4205 to $4007, with a weekly decline of 4.7%.

At the same time, the Ethereum spot ETF market has shown a significant trend of capital outflow. During these five trading days, there has been a net outflow phenomenon every day, with a cumulative net outflow reaching as high as $795.3 million. Specifically, on September 22, there was a net outflow of $75.94 million, on the 23rd, a net outflow of $141 million, on the 24th, a net outflow of $79.36 million, on the 25th, a net outflow of $251 million, and on the 26th, a net outflow of $248 million.

Nevertheless, the total net asset value of the Ethereum spot ETF remains at a considerably high level. As of September 26, its total net asset value reached 26 billion USD, accounting for 5.37% of Ethereum's total market capitalization. It is worth noting that since its launch, the historical cumulative net inflow of the Ethereum spot ETF has reached 13.1 billion USD.

This series of data reflects that, although there has been a capital outflow in the short term, investors seem to still have long-term confidence in Ethereum. However, this fluctuation in the market also reminds us that the complexity and uncertainty of the cryptocurrency market still exist, and investors need to remain vigilant and closely watch market trends.