Ethereum Spot ETFs See $98 Million Net Outflows on January 7

The assessment is based on the high credibility of the primary source cited in the statement and the contextual support from other provided sources.1. **Source Credibility**: The statement explicitly names Farside Investors as the source of the data. The provided sources with the highest authority and relevance confirm that Farside Investors is a definitive and reputable entity for tracking cryptocurrency ETF flows. The sources for their Bitcoin and Solana pages, as well as their login page, all explicitly mention or link to an 'Ethereum ETF Flow' section. This establishes a strong foundation that the data in the claim originates from a credible and appropriate source.2. **Supporting Context**: While none of the sources show the exact Farside report with the $38.7 million figure, several sources corroborate the second part of the claim—that BlackRock's ETHA fund is a significant source of outflows. Multiple articles from CoinMarketCap and Investing.com mention ETHA experiencing large withdrawals, often leading the outflows for Ethereum ETFs. This pattern of behavior makes the claim that it had the largest withdrawal on a day with $38.7 million in total outflows highly plausible.3. **Lack of Direct Contradiction**: The other sources provide different monetary figures (e.g., $192.7M, $109M, $75.9M). However, these are not direct contradictions because they appear to be reporting on different time frames (e.g., a multi-day streak, a weekly total, or a different day's total) rather than the specific daily figure cited in the claim from Farside. The claim is about a specific report, and these other articles do not refute that specific report.In conclusion, the combination of citing a highly authoritative source for this specific type of data and the contextual evidence supporting the general behavior of the named fund (ETHA) makes the statement very likely to be true. The confidence is high because the core elements of the claim are strongly supported, with the only missing piece being the direct view of the specific Farside report itself.