Spot Ether ETFs have experienced a total outflow of $952 million over the past five days, marking their fifth consecutive day of withdrawals. This sharp decline followed a record-setting August when these ETFs saw net inflows of $3.87 billion. The withdrawals contrasted starkly with spot bitcoin ETFs, which reported $246.4 million in inflows over the same week. Notably, Friday saw the largest single-day decline with $446.71 million exiting ETH-linked funds. Despite this downturn, Ether's price has increased by over 16% in the last month, largely due to the passage of the GENIUS Act, which is expected to encourage greater institutional investment. The recent RSA performance dips appear tied to a broader market correction as economic uncertainty rises due to weak U.S. jobs data and fears of an impending recession. Traders currently face predictions of an 89% chance for a 25 basis point interest rate cut, further complicating the outlook for cryptocurrency investments.

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