On November 9 (ET), spot Ethereum ETFs saw net outflows of $185 million, marking a third consecutive day of outflows. BlackRock’s ETHA alone saw $119 million in outflows, accounting for more than 60% of the day’s total.
Other issuers barely moved: Morgan Stanley’s MSSE had net inflows of $1.6018 million, the largest inflow of the day. The redemptions represented by $ETH weren’t an industry-wide retreat, but were concentrated in one of the largest products. This looks more like large investors rebalancing their portfolios than a widespread confidence problem.
On the other hand, cumulative historical net inflows stand at $11.738 billion, total net assets at $12.070 billion, and the net asset ratio at 4.64%. Next, watch whether ETHA continues to see one-way outflows or returns to net inflows, and whether total net assets fall below the $12.070 billion mark.
#以太坊ETF #Fund flows
Other issuers barely moved: Morgan Stanley’s MSSE had net inflows of $1.6018 million, the largest inflow of the day. The redemptions represented by $ETH weren’t an industry-wide retreat, but were concentrated in one of the largest products. This looks more like large investors rebalancing their portfolios than a widespread confidence problem.
On the other hand, cumulative historical net inflows stand at $11.738 billion, total net assets at $12.070 billion, and the net asset ratio at 4.64%. Next, watch whether ETHA continues to see one-way outflows or returns to net inflows, and whether total net assets fall below the $12.070 billion mark.
#以太坊ETF #Fund flows