Skip to content
One source so far

U.S. spot Ether ETFs lose $184.6 million in a day

BlackRock’s ETHA fund saw the largest outflow

№ 1737Published 1 min read

NewsBTC, citing Farside Investors, reported a net outflow of $184.6 million from U.S. spot Ether ETFs on November 9. BlackRock’s ETHA saw $119.3 million in outflows, the largest among the listed funds.

The negative result marked a third consecutive session of outflows: investors withdrew $99.9 million on November 5 and $93.3 million on November 6. Over the three sessions, net outflows totaled about $377.8 million.

ETF flows reflect demand for these investment products but do not capture all activity on the Ethereum network. Bitcoin funds also saw outflows that day.

Telegram

Get the full story in Telegram

Extended details, links and updates are published in our channel.

Sources

Related stories

Bitcoin

AMBCrypto: Trump Media’s Q3 profit reached $410 million

According to AMBCrypto, cryptoasset gains helped Trump Media post a profit of $410 million in the third quarter. The publication said the company’s next challenge will be financing the repurchase of its debt notes. The article also examine…

Read →
Ethereum

Ethereum Down 20%, but Staking Exit Queue Shrinks

ETH briefly fell toward $2 000 after stronger-than-expected US inflation data was released, then recovered to around $2 060. Against this backdrop, investors were in no rush to withdraw their coins from staking. BeInCrypto reports that the…

Read →
Macroeconomics

US inflation rose 0.4% in October, complicating Bitcoin rate outlook

Consumer prices in the US rose 0.4% month over month in October, exceeding expectations of 0.3%. Core CPI rose 0.3%, the US Bureau of Labor Statistics reported. NewsBTC notes that the reading could shift expectations for Fed rates and affe…

Read →
Ether ETFs lose $184.6 million in a day | $uicideChain