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Spot Ether ETFs Post $140 Million Outflow for Sixth Straight Day

Spot Ether ETFs Post $140 Million Outflow for Sixth Straight Day

Photo: TokenPost

Spot Ether (ETH) exchange-traded funds recorded $140 million in combined net outflows on Monday, Nov. 2, extending the withdrawal streak to six consecutive days across the products. Blackrock’s ETHA had the largest outflow, at $138 million. Its cumulative net inflows totaled $11.731 billion. Morgan Stanley Ethereum Trust (MSSE) had the largest daily inflow, bringing in $3.1511 million. Its cumulative net inflows reached $48.2405 million. The products had $13.183 billion in net assets, equal to 4.8% of Ether’s total market capitalization. Cumulative net inflows across the group stood at $12.148 billion. Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost

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