Spot Ethereum ETFs see $56.1M outflows, extending nine-day streak of net withdrawals
U.S. spot Ethereum ETFs experienced net outflows for the ninth consecutive trading day on October 9, with $56.1 million withdrawn, narrowing from $72.54 million the previous day. This streak began on September 29, reflecting ongoing investor caution or profit-taking in Ethereum-related funds. BlackRock's ETHA fund was the only one to record outflows, while total net assets across all spot Ethereum ETFs reached $15.71 billion, representing about 5.18% of Ethereum's market cap. The continued outflows highlight potential short-term investor uncertainty despite the sizable cumulative inflows of $13.26 billion to date.
U.S. spot Ethereum ETFs experienced net outflows for the ninth consecutive trading day on October 9, with $56.1 million withdrawn, narrowing from $72.54 million the previous day. This streak began on September 29, reflecting ongoing investor caution or profit-taking in Ethereum-related funds. BlackRock's ETHA fund was the only one to record outflows, while total net assets across all spot Ethereum ETFs reached $15.71 billion, representing about 5.18% of Ethereum's market cap. The continued outflows highlight potential short-term investor uncertainty despite the sizable cumulative inflows of $13.26 billion to date.
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