Add as a preferred source on GoogleSpot Ether ETFs Post $140 Million Outflow for Sixth Straight Day
Blackrock’s ETHA accounted for $138 million of the withdrawals. Morgan Stanley Ethereum Trust (MSSE) posted the largest inflow, at $3.1511 million.
Spot Ether (ETH) exchange-traded funds recorded $140 million in combined net outflows on Monday, Nov. 2, extending the withdrawal streak to six consecutive days across the products.
Blackrock’s ETHA had the largest outflow, at $138 million. Its cumulative net inflows totaled $11.731 billion.
Morgan Stanley Ethereum Trust (MSSE) had the largest daily inflow, bringing in $3.1511 million. Its cumulative net inflows reached $48.2405 million.
The products had $13.183 billion in net assets, equal to 4.8% of Ether’s total market capitalization. Cumulative net inflows across the group stood at $12.148 billion.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.