U.S. Ether ETFs see $93.3M outflows over two days, led by BlackRock's iShares Ethereum Trust.
U.S. spot Ether exchange-traded funds (ETFs) experienced $93.3 million in net outflows on November 6, continuing a two-day withdrawal trend. BlackRock’s iShares Ethereum Trust (ETHA) led the outflows with $90.8 million withdrawn, while other funds like Grayscale Ethereum Mini Trust and Fidelity Ethereum Fund also saw losses. Despite some inflows in ETHB, the overall trend reflects investor caution, with $365.2 million withdrawn over five days. This decline follows a brief inflow on November 4 and is part of a broader trend affecting both Bitcoin and Ether ETFs.
U.S. spot Ether exchange-traded funds (ETFs) experienced $93.3 million in net outflows on November 6, continuing a two-day withdrawal trend. BlackRock’s iShares Ethereum Trust (ETHA) led the outflows with $90.8 million withdrawn, while other funds like Grayscale Ethereum Mini Trust and Fidelity Ethereum Fund also saw losses. Despite some inflows in ETHB, the overall trend reflects investor caution, with $365.2 million withdrawn over five days. This decline follows a brief inflow on November 4 and is part of a broader trend affecting both Bitcoin and Ether ETFs.
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