US Spot Ethereum ETFs have recorded 23
straight trading days of net outflows, the
longest withdrawal streak since their
launch in July 2024.
More than $1 billion reportedly left these
funds in October, suggesting that
institutional demand for Ethereum through
traditional investment products has slowed
in recent weeks.
BlackRock's ETHA fund has been among
the major contributors to the withdrawals.
On October 30, US Spot $ETH TH ETFS
recorded about $155.8 million in outflows,
with ETHA accounting for $76.6 million.
Despite this trend, Ethereum ETFs still hold
significant assets. Investors are now
watching to see when fresh demand
returns and the outfloW streak comes to an
end.
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