$ETH ETF FLIP: BlackRock Stumbles as Grayscale Gains

While Grayscale's mini ETH trust quietly stacks inflows, BlackRock's ETHA is leading the exit, bleeding $44.5M in a single day. This isn't just a fourth straight day of outflows; it's a stark role reversal at the top. The new institutional darling is suddenly the weakest link, exposing a fracturing consensus. The ETF rotation is real.