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Ethereum

U.S. Ether ETFs End Seven-Session Outflow Streak With $53 Million Inflow

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U.S. spot Ether exchange-traded funds recorded $53.0 million in net inflows Nov. 4, ending seven consecutive sessions of withdrawals from Oct. 26 through Nov. 3. Ether’s close for the UTC date Nov. 5 was $2,235.77. Net outflows were $88.6 million Oct. 26, $60.2 million Oct. 27 and $21.4 million Oct. 28. Withdrawals increased to $105.5 million Oct. 29 and $155.7 million Oct. 30, the largest session in the streak. After the weekend, funds recorded $139.7 million in outflows Nov. 2 and $85.3 million Nov. 3. The Nov. 4 inflow was the first positive session after those seven withdrawals. The flow sequence ended before Ether’s Nov. 5 UTC close, so the $53 million inflow and $2,235.77 closing price are separate daily measures.

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