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Ethereum spot ETFs post seventh day of outflows as $85.35 million exits

Ethereum spot ETFs post seventh day of outflows as $85.35 million exits

Photo: TokenPost

U.S. spot Ethereum ETFs recorded a seventh consecutive trading day of net outflows. According to SoSoValue, the funds posted net outflows of $85.35 million on November 3. The outflow streak extended from October 26, although daily withdrawals fell about 39% from the previous session. Cumulative net inflows stood at $12.06 billion. Two of the 11 funds recorded withdrawals: BlackRock’s ETHA lost $74.44 million, while Grayscale’s ETH saw $10.91 million leave. Total trading volume across spot Ethereum ETFs reached $352.93 million. BlackRock’s ETHA led with $261.04 million, followed by Grayscale’s ETH at $28.92 million and Fidelity’s FETH at $20.67 million.

Source: TokenPost

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