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

US spot Ethereum exchange-traded funds posted a fourth consecutive session of net outflows, led by $95.40 million withdrawn from BlackRock’s ETHA.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 The latest total was about 1.5 times the $69.68 million withdrawn on Oct. 16.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. BlackRock’s ETHA led with $391.00 million, followed by Grayscale’s ETHE at $36.46 million and Grayscale’s ETH at $34.44 million.

Total net assets stood at $14.77 billion, equivalent to about 5.04% of Ethereum’s total market capitalization. BlackRock’s ETHA ranked first by net assets with $7.96 billion, followed by Grayscale’s ETH with $2.21 billion and ETHE with $1.67 billion.

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