US Spot Ether ETFs See $85.43 Million in Net Outflows, Extending Streak to Five Sessions
Suehyeon Lee
Summary
- U.S. spot Ether (ETH) ETFs extended their net outflow streak to five straight trading sessions.
- Total net outflows from U.S. spot Ether ETFs came to $85.43 million the previous day, while cumulative net outflows over the past five trading days reached $576.9 million, the largest since Jan. 23.
- The day's withdrawals were concentrated in BlackRock's ETHA and Grayscale Mini ETH, while the remaining products saw no net inflows or outflows.
Forecast Trend Report by Period
Net outflows continued from U.S. spot Ether exchange-traded funds.
According to Trader T data on Oct. 13, U.S. spot Ether ETFs posted combined net outflows of $85.43 million the previous day. That marked a fifth straight trading session of net outflows.
Cumulative net outflows over the past five trading days totaled $576.9 million, the largest since Jan. 23.
The day's withdrawals were concentrated in BlackRock and Grayscale products. BlackRock's ETHA led the outflows with $75.1 million, while Grayscale Mini ETH recorded net outflows of $10.33 million. The remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.