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Ethereum

US spot Ethereum ETFs extend outflows to fourth session with $103.28 million exit

Image: TokenPost

US spot Ethereum exchange-traded funds posted a fourth consecutive session of net outflows, led by $95.40 million withdrawn from BlackRock’s ETHA. The US spot Ethereum ETF market remained in net outflow territory for a fourth straight trading session. According to SoSoValue data, the funds recorded $103.28 million in daily net outflows on Oct. 19. Outflows have continued for four trading sessions since Oct. 14. The latest total was about 1.5 times the $69.68 million withdrawn on Oct. 16. Cumulative net inflows stood at $12.84 billion. Three funds registered outflows: BlackRock’s ETHA with $95.40 million, Fidelity’s FETH with $5.96 million and Grayscale’s ETHE with $1.92 million. Total spot Ethereum ETF trading volume reached $497.26 million.

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