U.S. Spot Ether ETFs Post $21.4 Million in Net Outflows

U.S. spot Ether (ETH) exchange-traded funds lost $21.4 million on Oct. 28, extending withdrawals to a third straight session as BlackRock’s trust posted the largest fund outflow.

Combined withdrawals were smaller than the $60.2 million net outflow on Oct. 27, the prior trading session. The three-session run began Oct. 26.

Fidelity Ethereum Fund (FETH) recorded an $18.8 million inflow, followed by $3.6 million for Grayscale Ethereum Mini Trust (ETH) and $1.0 million for MSSE. BlackRock’s iShares Ethereum Trust (ETHA) lost $44.8 million.

ETHB, ETHW, TETH, ETHV, QETH, EZET and ETHE had no net flow. A net outflow means withdrawals from the group exceeded money invested during the session.

The three funds with inflows added $23.4 million altogether, less than ETHA’s $44.8 million outflow. Over the latest five trading sessions, the group’s combined net outflow was $276.4 million. Cumulative net flow since launch stood at $12,578.0 million.