US Spot Ether ETFs Post $85.3 Million in Net Outflows, Extending Streak to Seven Trading Days
Suehyeon Lee
Summary
- US spot Ether ETFs recorded $85.3 million in net outflows the previous day, extending a streak of fund withdrawals to seven straight trading sessions.
- BlackRock's iShares Ethereum Trust (ETHA) posted the largest net outflow, with $74.4 million leaving the fund.
- Grayscale's Ethereum Mini Trust (ETH) also saw $10.9 million in net outflows, while the remaining products recorded no net flows.
Forecast Trend Report by Period
US spot Ether exchange-traded funds continued to see heavy net outflows.
According to Farside Investors on November 4, US spot Ether ETFs recorded total net outflows of $85.3 million the previous day, marking a seventh consecutive trading day of withdrawals.
By product, BlackRock's iShares Ethereum Trust (ETHA) posted the largest net outflow at $74.4 million. Grayscale's Ethereum Mini Trust (ETH) also recorded net outflows of $10.9 million. The remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.