BlackRock’s ETHA recorded $95.40 million in withdrawals on Oct. 19, driving most of a $103.28 million net outflow from U.S. spot Ether (ETH) exchange-traded funds, SoSoValue data showed.
The withdrawal extended the funds’ net outflow streak to four trading sessions, beginning Oct. 14. The Oct. 19 total exceeded the $69.68 million net outflow on Oct. 16, the previous trading session.
Fidelity’s FETH posted $5.96 million in net withdrawals, and Grayscale’s ETHE lost $1.92 million. Together with ETHA’s outflow, those amounts made up the group’s daily total.
As of Oct. 19, the funds’ cumulative net inflows totaled $12.84 billion, according to SoSoValue. Their net assets stood at $14.77 billion. Trading volume for the day reached $497.26 million, including $391 million in ETHA shares.
