Markets· ★★★· bearish·

Spot Ethereum ETFs Shed $542M Over Five Trading Days

  • —Net outflows from US spot ETH ETFs hit $542.06M for October 5–9
  • —BlackRock's ETHA lost about $477.1M, driving most of the weekly outflow
  • —ETH traded at $2,491 on October 10, down 0.39% in 24 hours
  • —Farside data: ETF flows do not equal actual spot ETH sold
Why it matters: Sustained ETF outflows weigh on Ethereum's price and institutional sentiment.
#ETH
Source: TokenPost
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