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Spot Ether ETFs see $140M outflows, BlackRock's ETHA leads withdrawals
Spot Ether (ETH) exchange-traded funds experienced $140 million in net outflows on November 2, marking six consecutive days of withdrawals. BlackRock's ETHA fund accounted for the largest outflow at $138 million, though it still holds a cumulative net inflow of $11.731 billion. Meanwhile, Morgan Stanley's Ethereum Trust saw the largest daily inflow of $3.15 million, with total net inflows of $48.24 million. These ETFs collectively hold $13.183 billion in net assets, representing 4.8% of Ether's total market capitalization, indicating sustained investor interest despite recent outflows.
Spot Ether (ETH) exchange-traded funds experienced $140 million in net outflows on November 2, marking six consecutive days of withdrawals. BlackRock's ETHA fund accounted for the largest outflow at $138 million, though it still holds a cumulative net inflow of $11.731 billion. Meanwhile, Morgan Stanley's Ethereum Trust saw the largest daily inflow of $3.15 million, with total net inflows of $48.24 million. These ETFs collectively hold $13.183 billion in net assets, representing 4.8% of Ether's total market capitalization, indicating sustained investor interest despite recent outflows.
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