U.S. spot Ether (ETH) exchange-traded funds recorded a $184.51 million net outflow Monday, Nov. 9, extending the group’s withdrawals to a third consecutive trading session, SoSoValue data showed.
BlackRock’s ETHA led the declines with $119.28 million in net withdrawals. Grayscale’s ETH lost $24.96 million, BlackRock’s ETHB shed $20.79 million, Fidelity’s FETH posted a $19.07 million outflow and 21Shares’ TETH lost $2.02 million.
MSSE was the only one of the 11 funds to post a net inflow, at $1.60 million. The latest outflow continues a trend dating to Nov. 5, which EconoTimes covered in its report on that session.
Across their cumulative totals, net inflows came to $11.74 billion; the funds held $12.07 billion in net assets. Trading on Nov. 9 amounted to $651.11 million across the products, including $499.59 million for ETHA.
