Ethereum (ETH) is experiencing continued selling pressure, with recent outflows from BlackRock’s spot Ethereum exchange-traded fund (ETF) fueling uncertainty over institutional demand for the world’s second-largest cryptocurrency. BlackRock, the world’s largest asset manager, has seen significant withdrawals from its iShares Ethereum Trust ETF (ETHA) in recent weeks. According to blockchain data provider SoSoValue, the ETF witnessed outflows totaling 580,145 ETH over the past month.