U.S. Ether spot ETFs see $202M outflows, extending six-day withdrawal streak
U.S. spot Ether (ETH) ETFs experienced $202 million in net outflows on October 6, continuing a six-day streak of withdrawals. BlackRock’s ETHA fund accounted for the entire outflow, matching the total daily outflow across all Ether spot ETFs. Despite these recent outflows, the cumulative net inflows for these funds remain positive at $13.549 billion, with total assets under management at $17.356 billion. The net asset ratio of these ETFs compared to Ethereum’s total market value stands at 5.27%, indicating a significant but not overwhelming share of the market in these investment products.
U.S. spot Ether (ETH) ETFs experienced $202 million in net outflows on October 6, continuing a six-day streak of withdrawals. BlackRock’s ETHA fund accounted for the entire outflow, matching the total daily outflow across all Ether spot ETFs. Despite these recent outflows, the cumulative net inflows for these funds remain positive at $13.549 billion, with total assets under management at $17.356 billion. The net asset ratio of these ETFs compared to Ethereum’s total market value stands at 5.27%, indicating a significant but not overwhelming share of the market in these investment products.
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