Ethereum spot ETFs see $85.4M outflows, marking 10 straight days of withdrawals.
Ethereum spot ETFs experienced a combined net outflow of $85.4 million on October 12, continuing a 10-day streak of daily withdrawals. BlackRock's ETHA fund led the outflows with $75.1 million withdrawn, followed by Grayscale's Ethereum mini trust ETF with $10.3 million. Despite these recent outflows, ETHA and Grayscale's mini trust still hold significant cumulative net inflows of $12.7 billion and $2 billion respectively. Overall, Ethereum spot ETFs hold $15.858 billion in net assets, representing 5.15% of Ethereum's total market value, indicating sustained investor interest despite short-term withdrawals.
Ethereum spot ETFs experienced a combined net outflow of $85.4 million on October 12, continuing a 10-day streak of daily withdrawals. BlackRock's ETHA fund led the outflows with $75.1 million withdrawn, followed by Grayscale's Ethereum mini trust ETF with $10.3 million. Despite these recent outflows, ETHA and Grayscale's mini trust still hold significant cumulative net inflows of $12.7 billion and $2 billion respectively. Overall, Ethereum spot ETFs hold $15.858 billion in net assets, representing 5.15% of Ethereum's total market value, indicating sustained investor interest despite short-term withdrawals.
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