Ethereum Spot ETFs Post $365 Million Weekly Outflow for Sixth Straight Week
Ethereum spot ETFs recorded $365 million in net outflows last week, extending the outflow streak to six consecutive weeks. According to Foresight News, citing SoSoValue data, the trading days covered were November 2 to November 6, Eastern Time.BlackRock’s ETHA had the largest weekly outflow at $346 million, while its cumulative net inflows stood at $11.52 billion. BlackRock’s ETHB saw $47.848 million in net outflows, with cumulative net inflows of $785 million. Fidelity’s FETH led inflows, attracting $15.3357 million for the week and bringing its cumulative net inflows to $2.44 billion.As of the report, Ethereum spot ETFs had $12.84 billion in total net assets. Their net asset ratio, measured against Ethereum’s total market capitalization, was 4.71%, while cumulative historical net inflows reached $11.92 billion.