On November 11, Eastern Time, spot Ethereum ETFs saw net outflows of $145 million, including $130 million from BlackRock’s ETHA alone—nearly 90% of the total. This marked the fifth consecutive trading day of net outflows.
That same day, BlackRock’s staking version, ETHB, saw outflows of just $5.348 million. ETHA’s cumulative historical net inflows now stand at $11.293 billion, while the total net asset value of all spot Ethereum ETFs is $11.654 billion, equivalent to 4.58% of the total market capitalization of $ETH .
With redemptions concentrated almost entirely in a single product, this looks more like a large holder or market maker shifting positions than a broad-based retreat by investors. To call it a shift in allocation, we’d need to see whether ETHB follows suit. If ETHA continues to see outflows on its own over the next few days while the staking version remains steady, this will have been a redemption from a single product.
#以太坊ETF #FundFlows
That same day, BlackRock’s staking version, ETHB, saw outflows of just $5.348 million. ETHA’s cumulative historical net inflows now stand at $11.293 billion, while the total net asset value of all spot Ethereum ETFs is $11.654 billion, equivalent to 4.58% of the total market capitalization of $ETH .
With redemptions concentrated almost entirely in a single product, this looks more like a large holder or market maker shifting positions than a broad-based retreat by investors. To call it a shift in allocation, we’d need to see whether ETHB follows suit. If ETHA continues to see outflows on its own over the next few days while the staking version remains steady, this will have been a redemption from a single product.
#以太坊ETF #FundFlows