US spot Ethereum ETFs lose $155.85 million in fifth straight day of outflows
CIE News ·
Based on reporting by crypto.news; not yet independently confirmed.
US spot Ethereum ETFs saw $155.85 million in net outflows on October 30, according to SoSoValue data reported by altcoinbuzz.io, extending their daily redemption streak to five sessions.
United States spot Ethereum (ETH) exchange-traded funds recorded $155.85 million in net outflows on October 30, according to SoSoValue figures reported by altcoinbuzz.io. The withdrawals extended the funds' streak of consecutive net redemptions to five trading sessions and contributed to total October net outflows of roughly $1.61 billion.
BlackRock's iShares Ethereum Trust led the daily withdrawals with $76.64 million, altcoinbuzz.io reported. Additional exits included $34.14 million from Grayscale's Ethereum Mini Trust, $21.51 million from the Grayscale Ethereum Trust, $19.51 million from BlackRock's ETHB, $3.33 million from Fidelity's FETH, and roughly $720,000 from Morgan Stanley's MSSE.
Across the five-day period from October 26 to October 30, the ETH funds logged about $431.4 million in cumulative net withdrawals, altcoinbuzz.io reported. Despite the recent wave of exits, cumulative net inflows across the products since launch stood at approximately $12.29 billion.
Key facts
- $155.85M daily net outflow
- 5th consecutive outflow day
- ETHA lost $76.64M
- $1.61B total October outflows
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