1 min read
Add as a preferred source on Google

Ether Spot ETFs Post $93.19 Million Net Outflow on Nov. 6

ETHA led all funds with $90.76 million in net outflows, while ETHB had the largest net inflow at $1.15 million.

Mentioned assets
A glass vessel drains dark liquid into a shallow tray / TokenPost.ai
A glass vessel drains dark liquid into a shallow tray / TokenPost.ai

Ether (ETH) spot exchange-traded funds recorded $93.19 million in combined net outflows Friday, Nov. 6, with ETHA’s $90.76 million net outflow outweighing ETHB’s net inflow.

ETHA had the largest net outflow among the funds. ETHB posted the largest net inflow, at $1.15 million. Net flows measure money entering funds against money leaving them.

Cumulative net inflows across Ether spot ETFs totaled $11.92 billion. ETHA’s cumulative net inflows stood at $11.52 billion, while ETHB’s reached $785 million. Ether spot ETFs collectively had $12.84 billion in net assets, equal to 4.71% of Ether’s market capitalization.

The cumulative figures track flows over time, while the $93.19 million total covers one trading day. The Nov. 6 outflow followed $99.9 million in net outflows on Nov. 5, detailed in the previous day’s Ether ETF figures.

Enna Lee

Reporter

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

Loading…