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ETHA Drives $99.97 Million Outflow From U.S. Ether ETFs

Four of 11 products had outflows, following a $53.02 million group inflow in the previous session.

Updated 1 min read
Pedestrians pass BlackRock’s headquarters in Hudson Yards, New York City. / TokenPost.ai
Pedestrians pass BlackRock’s headquarters in Hudson Yards, New York City. / TokenPost.ai

The 11 U.S. spot Ether (ETH) ETFs recorded $99.97 million in net outflows on Nov. 5, a shift from the prior session, SoSoValue data showed. The funds took in $53.02 million in the prior session.

Four of the 11 products had outflows: BlackRock's ETHA accounted for $75.20 million and its ETHB fund for $21.99 million. Fidelity's FETH and Grayscale's ETHE posted outflows of $2.24 million and $0.54 million, respectively.

Trading in the group reached $1.13 billion for the session. ETHA accounted for $874.35 million, while Grayscale's ETH product and Fidelity's FETH recorded $88.13 million and $60.64 million, respectively.

ETHA accounted for $6.70 billion of the funds' $13.04 billion in net assets, with Grayscale's ETH fund at $2.06 billion and ETHE at $1.53 billion. Since launch, cumulative net inflows totaled $12.02 billion, a figure covering a longer period than the latest session. An earlier EconoTimes report documented seven sessions of Ether ETF outflows.

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