US Spot Ether ETFs See $201.9 Million in Net Outflows, Extending Streak to Six Sessions
Suehyeon Lee
Summary
- The US spot Ether ETF market saw $201.9 million in net outflows in a single day.
- The net outflow streak stretched to six trading sessions, with all of the withdrawals coming from BlackRock's ETHA.
- Cumulative net outflows over the past five trading days reached $405 million, the largest such total since Feb. 5.
Forecast Trend Report by Period
More than $200 million flowed out of the US spot Ether exchange-traded fund market in a single day.
Trader T data showed US spot Ether ETFs posted total net outflows of $201.9 million on Oct. 6. That marked a sixth straight trading session of net outflows.
All of the day's outflows came from BlackRock's ETHA. No net inflows or outflows were recorded in the other products.
Outflows from spot Ether ETFs have become more pronounced in recent sessions. Cumulative net outflows over the past five trading days reached $405 million. Trader T said the latest five-trading-day outflow streak was the largest since Feb. 5.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.