Ethereum spot ETFs post $60.22 million outflow, extend losing streak to two days

U.S. spot Ethereum exchange-traded funds recorded $60.22 million in net outflows, extending their outflow streak to two consecutive trading days. BlackRock’s ETHA and Grayscale’s ETHE led the withdrawals.

U.S. spot Ethereum ETFs posted net outflows for a second consecutive trading day.

According to SoSoValue data, the funds registered $60.22 million in daily net outflows on Oct. 15.

Net outflows have continued for two trading days since Oct. 14. The daily outflow narrowed by about 54% from the previous session, while cumulative net inflows stood at $13.01 billion.

Among the funds, Fidelity’s FETH was the only product to attract capital, recording $2.44 million in net inflows.

BlackRock’s ETHA posted $44.39 million in net outflows, while Grayscale’s ETHE shed $18.28 million.

Total spot Ethereum ETF trading volume reached $773.15 million. ETHA led with $611.96 million, followed by ETHE at $54.53 million and FETH at $40.46 million.

Total net assets stood at $15.29 billion, equivalent to about 5.10% of Ethereum’s total market capitalization. ETHA ranked first by net assets with $8.31 billion, followed by Grayscale’s ETH at $2.26 billion and ETHE at $1.72 billion.

This article is based on market data and chart analysis and does not constitute investment advice regarding any specific asset.