BlackRock’s Ether ETF Records $477.1 Million in Weekly Outflows
Photo: TokenPost
BlackRock’s iShares Ethereum Trust ETF (ETHA) recorded $477.1 million in net outflows from Oct. 5-9 ET (Oct. 6-10 UTC), accounting for most of the $542.2 million withdrawn from U.S. spot Ether ETFs during the five-session period. The withdrawals extended the sector’s losing streak to nine consecutive trading sessions through Oct. 9 ET (Oct. 10 UTC). The streak began Sept. 29. ETHA recorded daily outflows of $31.9 million on Oct. 5, $201.9 million on Oct. 6, $116.1 million on Oct. 7, $71.1 million on Oct. 8 and $56.1 million on Oct. 9.
Source: TokenPost
