Markets· ★★★· bearish·

US spot Ethereum ETFs see $60.2M daily outflow, BlackRock's ETHA leads exits

  • —Net outflow from US spot Ethereum ETFs reached $60.22 million on October 15
  • —BlackRock's ETHA lost $44.39 million, the largest daily exit
  • —Fidelity's FETH took in $2.44 million, cumulative inflows at $2.34 billion
  • —Total Ethereum ETF assets stand at $15.29 billion, or 5.1% of ETH market cap
Why it matters: Sustained outflows from ETH funds point to weak institutional demand for Ethereum amid macro headwinds.
#ETH
Source: PANews
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