Markets· ★★★· bearish·

US spot Ethereum ETFs bleed $50.76M in fifth straight day of outflows

  • —Total daily net outflow from US spot Ethereum ETFs reached $50.76M
  • —BlackRock's ETHA lost $31.88M, Fidelity's FETH shed $18.88M
  • —Outflows have now run for five straight trading days
  • —No other Ethereum ETF recorded inflows or outflows
Why it matters: A sustained outflow streak points to weak institutional demand for Ethereum and adds pressure on ETH price.
#ETH
Source: Bloomingbit
More on this
Markets · Sep 30
Spot Ethereum ETFs post $2.81M net outflow as BlackRock's ETHA bleeds $8.94M
 Markets · Oct 4
Ethereum ETFs Post Three Straight Days of Outflows After $690M Week
 Markets · Sep 25
Ethereum whales resume accumulation with 260K ETH as spot ETFs log fourth straight day of inflows