U.S. Spot Ether ETFs Extend Outflow Streak to Five Trading Days

U.S. spot Ether (ETH) exchange-traded funds lost $26.1 million on Tuesday, extending a five-trading-day withdrawal streak that brought the group’s net outflows since Oct. 14 to $388.9 million.

BlackRock’s iShares Ethereum Trust (ETHA) accounted for the day’s withdrawals with a $33.0 million net outflow. Fidelity Ethereum Fund (FETH) took in $3.6 million, while Grayscale Ethereum Mini Trust (ETH) added $3.3 million. Their inflows partly offset the money leaving ETHA.

Eight other funds — ETHB, ETHW, TETH, ETHV, QETH, EZET, MSSE and ETHE — recorded zero net flow. A net outflow means more money left the fund group than entered it during the session.

Tuesday’s loss was smaller than the $103.3 million net outflow recorded Monday. The five-session streak covers Oct. 14, 15, 16, 19 and 20. Despite those withdrawals, cumulative net flow since the funds’ launch stood at $12,839.0 million as of Oct. 20.

The Ether figures were also included in an earlier roundup of Tuesday’s Bitcoin and Ether ETF flows.