U.S. Spot Ether ETFs Extend Outflow Streak to Five Days at $523.9 Million

U.S. spot Ether (ETH) exchange-traded funds recorded a fifth straight session of net outflows on Nov. 11, bringing withdrawals over five trading sessions to $523.9 million.

The funds lost $144.8 million on Nov. 11. BlackRock’s iShares Ethereum Trust (ETHA) accounted for $129.8 million. ETHB recorded $5.3 million in outflows, Bitwise Ethereum ETF (ETHW) had $4.8 million, FETH posted $4.1 million and EZET recorded $800,000.

Six funds — TETH, ETHV, QETH, MSSE, ETHE and ETH — had no net flow. No fund recorded an inflow, leaving the group’s daily net result at $144.8 million in outflows. Net outflows measure how much more money leaves a group of funds than enters it over a period.

The five-session total covers Nov. 5, Nov. 6, Nov. 9, Nov. 10 and Nov. 11. It is a separate measure from the daily figure: the $523.9 million reflects net flows across all five sessions, while $144.8 million is the result for Nov. 11 alone.

Cumulative net flows since the funds launched stood at $11.62 billion. That figure covers the funds’ full history, rather than the five-session period.

The Ether ETF outflow formed part of $444.6 million in combined Bitcoin and Ether ETF outflows on Nov. 11.