📉 US spot Ethereum ETFs saw $184.51M in net outflows on Nov 9, their third straight session of withdrawals, per SoSoValue. The streak started Nov 5, and the latest daily outflow was about twice the previous day’s.
BlackRock’s ETHA led with $119.28M, followed by Grayscale’s ETH ($24.96M), BlackRock’s ETHB ($20.79M) and Fidelity’s FETH ($19.07M). Only MSSE saw inflows ($1.6M). Total net assets are about $12.07B, roughly 4.64% of $ETH ’s market cap, and cumulative net inflows remain positive at about $11.74B.
Outflows can add mechanical selling pressure, but the size suggests repositioning, not a full exit. Next, watch whether daily flows turn positive and how markets react to US CPI data.
Do you think ETF flows or macro will drive ETH next? 👇
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