#EtherETFsExtendOutflowsToNineDays
U.S. spot Ethereum $ETFT.ETF
$s have extended their net redemption streak to nine consecutive trading days. The streak, which began on September 29, has pulled approximately $697.2 million out of the funds. [1, 2]
The five trading sessions from October 5 to October 9 marked the worst weekly performance for Ether ETFs since January, with $542.1 million exiting the market. BlackRock’s iShares Ethereum Trust (ETHA) heavily dominated this trend, accounting for roughly 88% of the weekly withdrawals. [1, 2]
$AMZNB
$MAGIC
#ETFApproval
#LedgerPausesCryptoBilisSales
#ETFvsBTC
U.S. spot Ethereum $ETFT.ETF
$s have extended their net redemption streak to nine consecutive trading days. The streak, which began on September 29, has pulled approximately $697.2 million out of the funds. [1, 2]
The five trading sessions from October 5 to October 9 marked the worst weekly performance for Ether ETFs since January, with $542.1 million exiting the market. BlackRock’s iShares Ethereum Trust (ETHA) heavily dominated this trend, accounting for roughly 88% of the weekly withdrawals. [1, 2]
$AMZNB
$MAGIC
#ETFApproval
#LedgerPausesCryptoBilisSales
#ETFvsBTC