Markets· ★★★· bearish·

Ethereum spot ETFs bleed $85.4M as outflow streak hits 10 days

  • —Ethereum spot ETFs posted $85.4M in net outflows on October 12
  • —BlackRock's ETHA lost $75.07M in a single day
  • —Grayscale Ethereum Mini Trust shed $10.33M
  • —Total ETF assets at $15.86B, 5.15% of ETH market cap
Why it matters: A 10-day outflow streak points to weak institutional demand for ETH and weighs on its price.
#ETH
Source: PANews
More on this
Markets · Oct 10
Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run
 Markets · Oct 3
Bitcoin ETFs Flip to $150M Outflow After $3.1B Nine-Day Inflow Streak
 Markets · Oct 6
US spot Bitcoin ETFs swing to $89.9M net outflow as ARKB bleeds