Last week, from November 2 to 6 Eastern Time, U.S. spot Ethereum ETFs saw combined net outflows of about $365 million, marking their sixth consecutive week of net outflows.
Breaking it down, BlackRock’s ETHA saw the largest outflow, at around $346 million for the week. BlackRock’s ETHB also saw outflows of about $47.85 million. Fidelity’s FETH, by contrast, recorded net inflows of roughly $15.34 million. At the time of the data, these ETFs had total net assets of about $12.84 billion, while cumulative net inflows remained around $11.92 billion.
Flows into and out of spot ETFs are mainly driven by authorized participants creating or redeeming shares in response to market demand. When buying demand is strong, new shares are created, corresponding to purchases of ETH; when redemptions increase, ETH is sold in the opposite direction. Several consecutive weeks of net outflows indicate that institutional funds coming in through the ETF channel have generally been declining during this period.
Looking at the trend over the past few months, there were still notable net inflows in September, but flows shifted to sustained outflows starting in October, and the trend continued into the first week of November. Cumulative inflows remain positive, but short-term redemption pressure is indeed present. These figures come from public tracking platforms such as SoSoValue and are consistent with reports from several media outlets.
You can follow me for future updates on fund flows and related developments, which I’ll continue to compile.
#以太坊现货ETF周净流出3.65亿美元 $ETH $BTC $BNB
Disclaimer: The above content is compiled solely from publicly available data and does not constitute investment advice. Markets involve risk, so please exercise caution when making decisions.
Breaking it down, BlackRock’s ETHA saw the largest outflow, at around $346 million for the week. BlackRock’s ETHB also saw outflows of about $47.85 million. Fidelity’s FETH, by contrast, recorded net inflows of roughly $15.34 million. At the time of the data, these ETFs had total net assets of about $12.84 billion, while cumulative net inflows remained around $11.92 billion.
Flows into and out of spot ETFs are mainly driven by authorized participants creating or redeeming shares in response to market demand. When buying demand is strong, new shares are created, corresponding to purchases of ETH; when redemptions increase, ETH is sold in the opposite direction. Several consecutive weeks of net outflows indicate that institutional funds coming in through the ETF channel have generally been declining during this period.
Looking at the trend over the past few months, there were still notable net inflows in September, but flows shifted to sustained outflows starting in October, and the trend continued into the first week of November. Cumulative inflows remain positive, but short-term redemption pressure is indeed present. These figures come from public tracking platforms such as SoSoValue and are consistent with reports from several media outlets.
You can follow me for future updates on fund flows and related developments, which I’ll continue to compile.
#以太坊现货ETF周净流出3.65亿美元 $ETH $BTC $BNB
Disclaimer: The above content is compiled solely from publicly available data and does not constitute investment advice. Markets involve risk, so please exercise caution when making decisions.