US Spot Ether ETFs See $139.7 Million in Net Outflows, Extending Streak to Six Trading Days
Suehyeon Lee
Summary
- US spot Ether ETFs recorded $139.7 million in net outflows on Nov. 2.
- BlackRock’s iShares Ethereum Trust (ETHA) saw $138.3 million leave the fund, leading overall net outflows.
- Morgan Stanley’s spot Ether ETF (MSSE) posted $3.2 million in net inflows, but the streak of net outflows extended to six straight trading days.
Forecast Trend Report by Period
More than $100 million flowed out of US spot Ether exchange-traded funds.
US spot Ether ETFs posted total net outflows of $139.7 million on Nov. 2, according to Farside Investors data released Nov. 3. That marked a sixth straight trading day of net outflows.
BlackRock’s iShares Ethereum Trust (ETHA) led the withdrawals, with $138.3 million leaving the fund. BlackRock’s Ethereum Staking ETF (ETHB) also posted net outflows of $4.6 million.
By contrast, Morgan Stanley’s spot Ether ETF (MSSE) recorded net inflows of $3.2 million. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.