US ETH spot ETFs saw a net outflow of $10.69 million on June 2nd, continuing a two-day outflow trend. According to Trader T, BlackRock's ETHA experienced significant outflows of $89.45 million. This suggests BlackRock's initial momentum in the ETH ETF market may be slowing. However, the picture isn't entirely negative. Fidelity's FETH recorded a net inflow of $50.65 million, and Grayscale's Mini ETH saw inflows of $28.11 million. These inflows indicate continued investor interest in ETH exposure through ETFs, despite the overall net outflow and BlackRock's specific struggles. Market analysts suggest profit taking after the initial launch hype could be a factor. This mixed performance highlights the evolving landscape of ETH investment products. ```