US Ether ETFs See $69.7 Million in Net Outflows as October Total Nears $955 Million

Bloomingbit

US Ether ETFs See $69.7 Million in Net Outflows as October Total Nears $955 Million

US Ether exchange-traded funds posted net outflows of $69.7 million, with all of the withdrawals coming from BlackRock's ETHA.Trader T data for Oct. 16 showed ETHA recorded $69.7 million in net outflows. The other products, including Grayscale's ETHE and mini ETF ETH, Fidelity's FETH and BlackRock's staking ETF ETHB, saw no net inflows or outflows.Cumulative net outflows for October totaled $955 million. Even so, the funds remained in net inflows of $814 million for the year.