U.S. Spot Ether ETFs Post $399 Million in Five-Session Outflows

U.S. spot Ether exchange-traded funds posted another five-session period of net outflows.

The funds recorded $398.9 million in net outflows, or about $399 million, from Nov. 9-13. That marked a second consecutive five-session period with net outflows; the prior period, Nov. 2-6, had $365.2 million in net outflows and included a Nov. 5 outflow session for spot Ether ETFs.

Daily flows were negative in the first four sessions: $184.6 million on Nov. 9, $1.3 million on Nov. 10, $144.8 million on Nov. 11 and $70.5 million on Nov. 12. The funds then recorded a $2.3 million net inflow on Nov. 13.