Ethereum spot ETFs swing back to outflows as $110.50 million exits in a day

U.S. spot Ethereum ETFs returned to net outflows after a single day of inflows, shedding $110.50 million. Fidelity’s FETH attracted $2.37 million, while BlackRock’s ETHA lost $75.45 million.

The reversal ended a brief return to positive daily flows for U.S. spot Ethereum ETFs.

According to SoSoValue, the funds recorded net outflows of $110.50 million on October 22.

The market had drawn $14.96 million on October 21 before turning negative again. Cumulative net inflows stood at $12.71 billion.

Fidelity’s FETH was the only fund to record an inflow, taking in $2.37 million.

Four funds recorded outflows: BlackRock’s ETHA lost $75.45 million, BlackRock’s ETHB $17.17 million, Grayscale’s ETH $10.69 million and Grayscale’s ETHE $9.56 million. ETHA’s outflows alone exceeded the market’s total inflows.

Total trading volume reached $550.22 million. BlackRock’s ETHA led with $417.54 million, followed by Grayscale’s ETH at $48.61 million and Grayscale’s ETHE at $33.87 million.

Total net assets stood at $14.57 billion, equivalent to approximately 5.01% of Ethereum’s market capitalization. BlackRock’s ETHA held the most net assets at $7.78 billion, followed by Grayscale’s ETH at $2.22 billion and Grayscale’s ETHE at $1.66 billion.