Ether Spot ETFs Extend Net-Outflow Streak to Eight Days at $72.5M

Ether (ETH) spot ETFs recorded $72.544 million in combined net outflows on Oct. 8, extending their net-outflow streak to eight consecutive days as withdrawals from BlackRock’s ETHA dominated activity.

ETHA posted the largest daily outflow at $71.1208 million. Despite the withdrawal, its cumulative net inflows remained at $12.849 billion.

Fidelity’s FETH led the funds on the inflow side, attracting $5.503 million and bringing its cumulative net inflows to $2.334 billion. Morgan Stanley’s MSSE recorded $1.3209 million in inflows, lifting its cumulative total to $42.679 million.

The latest result follows six consecutive days of net outflows recorded by U.S. spot Ether ETFs through Oct. 6.

Total net assets across the ETFs stood at $15.636 billion, representing 5.17% of Ethereum’s total market capitalization. Cumulative net inflows since the funds launched reached $13.316 billion.