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US Spot Ether ETFs See $90.76 Million Leave BlackRock's ETHA, Extending Two-Day Outflows to $193.16 Million

Source
Doohyun Hwang

Summary

  • U.S. spot Ether ETFs recorded $193.16 million in net outflows over two straight days.
  • BlackRock's ETHA posted the largest outflow of the day, with $90.76 million in net outflows.
  • Cumulative net inflows into U.S. spot Ether ETFs stood at $11.92 billion as of that day.

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Photo: SoSoValue
Photo: SoSoValue

U.S. spot Ether exchange-traded funds recorded net outflows for a second straight day, with total withdrawals over the two sessions exceeding $190 million.

Data from SoSoValue on November 6 showed U.S. spot Ether ETFs posted net outflows of $93.19 million for the day. That followed $99.97 million in net outflows the previous day, bringing the two-day total to $193.16 million.

BlackRock's ETHA led the outflows with $90.76 million. Grayscale's ETH and Fidelity's FETH also posted net outflows of $1.91 million and $1.67 million, respectively.

By contrast, BlackRock's ETHB was the only fund to record a net inflow, adding $1.15 million. The remaining seven products saw no net inflows or outflows. As of that day, cumulative net inflows into U.S. spot Ether ETFs stood at $11.92 billion.

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Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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