Spot Ether ETFs Record $105 Million Outflow for Fourth Straight Day
Photo: TokenPost
Spot Ether (ETH) exchange-traded funds recorded $105 million in net outflows Thursday, Oct. 29, extending withdrawals to a fourth straight day. Their combined net assets stood at $13.984 billion. BlackRock’s ETHA had the largest outflow, at $71.6792 million. Fidelity’s FETH led inflows with $2.9018 million. Cumulative net inflows were $11.946 billion for ETHA and $2.427 billion for FETH. Across the funds, cumulative net inflows totaled $12.444 billion. Their net assets equaled 5.07% of Ether’s market capitalization. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
