Add as a preferred source on GoogleSpot Ether ETFs Lose $99.97 Million as BlackRock’s ETHA Leads Outflows
ETHA accounted for $75.20 million of the Nov. 5 decline, while cumulative net inflows across the funds reached $12.016 billion.
Spot Ether (ETH) exchange-traded funds recorded $99.97 million in net outflows on Nov. 5, with BlackRock’s iShares Ethereum Trust ETF (ETHA) accounting for the largest single-fund outflow.
ETHA had $75.20 million in outflows. BlackRock’s Staked ETH ETF (ETHB) followed with $21.99 million. ETHA’s cumulative net inflows stood at $11.614 billion, while ETHB’s totaled $784 million.
Across spot Ether ETFs, cumulative net inflows reached $12.016 billion, and total net assets were $13.039 billion. Those assets represented 4.74% of Ethereum’s total market capitalization.
ETHA’s October net outflows totaled $1.4205 billion, or 88.4% of the $1.6072 billion combined net outflows from listed Ether ETFs that month.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.