Add as a preferred source on GoogleEther (ETH) Spot ETFs Post $1.32 Million Outflow for Fourth Straight Day
ETHB added $1.0543 million, while Grayscale Ethereum Mini Trust ETF (ETH) posted a $1.9618 million outflow. Aggregate figures are as of publication time Nov. 11.
U.S. spot Ether (ETH) exchange-traded funds recorded $1.3168 million in net outflows on Nov. 10 ET, extending their withdrawal streak to four consecutive days overall.
Blackrock Staked ETH ETF (ETHB) led individual funds in daily inflows with $1.0543 million. Grayscale Ethereum Mini Trust ETF (ETH) had the largest daily outflow, at $1.9618 million.
As of publication time on Nov. 11, Ether spot ETFs had $11.643 billion in total net assets, equal to 4.63% of Ether’s market capitalization. Their cumulative net inflows totaled $11.737 billion. ETHB’s cumulative net inflows stood at $765 million, while the Grayscale fund’s reached $1.970 billion.
Net outflows mean redemptions exceeded new ETF share creations during a trading session.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.