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U.S. Spot Ether (ETH) ETFs Post $484.6 Million in Seven-Session Outflows

The funds lost $110.6 million on Oct. 22 after taking in $14.9 million a day earlier.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan after rain / EconoTimes.ai (mono)
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan after rain / EconoTimes.ai (mono)

U.S. spot Ether (ETH) exchange-traded funds recorded $484.6 million in net outflows over the seven sessions through Oct. 22, with the aggregate derived from rounded daily figures. The funds lost $110.6 million on Oct. 22, following a $14.9 million inflow the previous session.

Five consecutive sessions from Oct. 14-20 brought $388.9 million in withdrawals. The Oct. 21 addition erased less than 4% of the losses accumulated over those five sessions.

BlackRock’s iShares Ethereum Trust ETF (ETHA) led withdrawals on Oct. 22, losing $75.5 million. BlackRock’s ETHB lost $17.2 million. Fidelity’s FETH added $2.4 million; Grayscale’s ETHE lost $9.6 million, and the Grayscale Ethereum Staking Mini ETF (ETH) shed $10.7 million.

Through Oct. 20, the funds had recorded $1.08 billion in net outflows for the month, according to EconoTimes’ earlier monthly tally. ETF flow figures measure activity in the funds; Ether’s market price is a separate measure.

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