US Spot Ether ETFs See $201.9 Million in Net Outflows, Extending Streak to Six Sessions
More than $200 million flowed out of the US spot Ether exchange-traded fund market in a single day.Trader T data showed US spot Ether ETFs posted total net outflows of $201.9 million on Oct. 6. That marked a sixth straight trading session of net outflows.All of the day's outflows came from BlackRock's ETHA. No net inflows or outflows were recorded in the other products.Outflows from spot Ether ETFs have become more pronounced in recent sessions. Cumulative net outflows over the past five trading days reached $405 million. Trader T said the latest five-trading-day outflow streak was the largest since Feb. 5.