US Spot Ether ETFs See $144.79 Million in Net Outflows; November Total Nears $700 Million
Summary
- U.S. spot Ether exchange-traded funds (ETFs) recorded $144.79 million in net outflows in a single day.
- November’s cumulative net outflows reached $695.9 million, bringing the total close to $700 million, with no product posting net inflows.
- Including the day’s withdrawals, cumulative net outflows for the year stood at $534.1 million.
Forecast Trend Report by Period
U.S. spot Ether exchange-traded funds recorded net outflows of $144.79 million in a single day. Cumulative net outflows for November reached $695.9 million, bringing the monthly total close to $700 million.
Trader T data for Nov. 11 showed BlackRock’s ETHA shed $129.8 million, accounting for about 90% of the total outflow. BlackRock’s staking product ETHB also posted net outflows of $5.3 million.
Bitwise’s ETHW saw $4.76 million in outflows, Fidelity’s FETH lost $4.14 million, and Franklin Templeton’s EZET posted $790,000 in outflows. The remaining products saw no net inflows or outflows, and none recorded net inflows.
Including the day’s withdrawals, cumulative net outflows for the year stood at $534.1 million.
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