US spot Ethereum exchange traded funds record month of outflows
Image: Crypto BriefingUS spot Ethereum ETFs logged 23 consecutive sessions of net outflows. Investors pulled more than $1 billion from the funds during October. BlackRock's ETHA contributed heavily to the redemptions. On October 30, total net outflows reached $155.8 million, with ETHA accounting for $76.6 million of that total.
Key points
- US spot Ethereum ETFs recorded 23 consecutive sessions of net outflows.
- Investors pulled more than $1 billion from the funds by October 30.
- Total net outflows across all US spot Ethereum ETFs reached $155.8 million on October 30.
Why it matters
Persistent redemptions in spot Ethereum ETFs reflect reduced demand from institutional investors accessing the asset through traditional brokerage wrappers.
What's unclear
One report states the outflow streak lasted 23 trading days while the other report describes it as 23 consecutive weeks.
Price context · ETH
At publication
$2,273.91
Now
$2,269.04
Change since
−0.21%
7 days · dashed line = publication
Sources · 2 publishers
AMBCrypto
Tier 2
Ethereum: From strong demand to a 23-week outflow, how ETH ETF sentiment collapsed
Coverage timeline
- First reported by Crypto Briefing
- Also reported by AMBCrypto
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
NEXO
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