US Spot Ethereum ETFs See $184.6 Million in Net Outflows for Third Straight Trading Day
Summary
- The US spot Ethereum ETF market extended net outflows for a third consecutive trading day.
- US spot Ethereum ETFs recorded total net outflows of $184.6 million the previous day.
- Net outflows were recorded from BlackRock’s ETHA and ETHB, Fidelity’s FETH, and Grayscale’s ETH and TETH, while MSSE saw net inflows of $1.6 million.
Forecast Trend Report by Period
Net outflows continued in the US spot Ethereum exchange-traded fund market.
US spot Ethereum ETFs recorded total net outflows of $184.6 million on November 9, according to Farside Investors data cited on November 10. That marked a third consecutive trading day of net withdrawals.
By product, BlackRock’s iShares Ethereum Trust (ETHA) led the outflows, with $119.3 million leaving the fund. Another $20.8 million was withdrawn from ETHB.
Fidelity’s FETH posted net outflows of $19.1 million. Grayscale’s Ethereum Mini Trust (ETH) saw $25 million in net outflows, while TETH recorded $2 million in net outflows.
By contrast, MSSE posted net inflows of $1.6 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.