Digital Currency / Investing

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U.S. Spot Ether ETFs Post $99.97 Million Net Outflow on Nov. 5

Cumulative net inflows stood at $12.016 billion, while net assets reached $13.039 billion.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in Lower Manhattan. / TokenPost.ai
Pedestrians pass the New York Stock Exchange on Broad Street in Lower Manhattan. / TokenPost.ai

SoSoValue data put the 11 U.S. spot Ether (ETH) ETFs’ net outflow at $99.97 million on Nov. 5, alongside cumulative net inflows of $12.016 billion across the products.

BlackRock’s iShares Ethereum Trust ETF (ETHA) accounted for $75.20 million of the session’s outflow. BlackRock’s Staked ETH ETF (ETHB) recorded $21.99 million in outflows. Additional withdrawals totaled $2.24 million at Fidelity’s FETH and $540,000 at Grayscale’s ETHE, SoSoValue data showed. EconoTimes previously reported the Nov. 5 outflow tally.

ETHB had $784 million in cumulative inflows, while ETHA’s tally was $11.614 billion. Net assets across the spot Ether ETFs totaled $13.039 billion, or 4.74% of Ethereum’s market capitalization.

During October, the listed Ether ETF group saw $1.6072 billion in net outflows. ETHA’s $1.4205 billion in outflows made up 88.4% of that amount.

The Nov. 5 outflow followed a $53.02 million net inflow on Nov. 4, SoSoValue data showed. Daily ETF flows measure activity inside the products and do not show a change in Ether’s market price.

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