On November 3, U.S. Eastern time, U.S. spot Ethereum ETFs saw total net outflows of $85.3462 million, marking the seventh consecutive trading day of net outflows. Total net assets stood at $13.321 billion, accounting for 4.76% of the total market capitalization of $ETH , with cumulative historical net inflows of $12.063 billion.

Of the $85.3462 million in outflows, BlackRock’s ETHA saw $74.4383 million flow out, while Grayscale Ethereum Mini Trust ETH saw $10.9079 million in outflows. The two funds together accounted for exactly the day’s total, while the other issuers collectively recorded zero net flows. ETHA’s cumulative historical net inflows still stand at $11.657 billion.

Seven consecutive days of net outflows sounds alarming, but redemptions were entirely concentrated in just two products, while the others stayed completely still. This looks more like a handful of institutions shifting positions than investors collectively heading for the exits. If outflows start spreading to other issuers, that would be a different story.

#以太坊ETF #资金流向 #BlackRock