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Spot Ether ETFs Record $105 Million Outflow for Fourth Straight Day

BlackRock’s ETHA led withdrawals on Oct. 29, while Fidelity’s FETH recorded the largest inflow.

By Enna Lee
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A faceted token rests beside a clear glass tray / TokenPost.ai
A faceted token rests beside a clear glass tray / TokenPost.ai

Spot Ether (ETH) exchange-traded funds recorded $105 million in net outflows Thursday, Oct. 29, extending withdrawals to a fourth straight day. Their combined net assets stood at $13.984 billion.

BlackRock’s ETHA had the largest outflow, at $71.6792 million. Fidelity’s FETH led inflows with $2.9018 million. Cumulative net inflows were $11.946 billion for ETHA and $2.427 billion for FETH.

Across the funds, cumulative net inflows totaled $12.444 billion. Their net assets equaled 5.07% of Ether’s market capitalization.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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