U.S. spot Ethereum ETFs record $72.5M in net outflows
CIE News ·
U.S. spot Ethereum ETFs saw $72.5 million in net outflows on October 8, marking an eighth consecutive day of withdrawals, while spot XRP ETFs gained $8.17 million.
U.S. spot Ethereum (ETH) ETFs experienced $72.5 million in net outflows during the October 8 trading session, marking an eighth consecutive day of net redemptions that brought cumulative outflows to $641 million. In contrast, U.S. spot XRP ETFs registered $8.17 million in net inflows over the same session. Meanwhile, crypto market liquidations totaled $528 million in a 24-hour window, with $359 million coming from long positions across 102,425 liquidated traders according to KuCoin.