U.S. Spot Ether ETFs See Four-Day Outflow Streak Continue
U.S. spot Ether (ETH) exchange-traded funds (ETFs) continued to see net outflows for the fourth consecutive day, with $37.4 million withdrawn on Oct. 2. This streak of withdrawals has now spanned four trading days, though the cumulative flows since the launch of these funds remain positive at $13.831 billion.
BlackRock’s iShares Ethereum Trust (ETHA) led the outflows with $20.1 million, followed by Fidelity Ethereum Fund (FETH) at $17.3 million. No single fund recorded any inflows during this period.
Nine other funds, ETHB, ETHW, TETH, ETHV, QETH, EZET, MSSE, ETHE, and ETH, showed no net flow on Oct. 2. The latest outflow was lower than the previous session's $55.4 million withdrawal, marking a slight improvement.
Over the past five trading days, U.S. spot Ether ETFs have experienced a total of $138.1 million in net outflows. The withdrawals began on Sept. 29 with a modest $2.8 million outflow.