US spot Ethereum ETFs see $189.7M in two-day net outflows
- —October 15 net outflow from US spot Ethereum ETFs was $60.22 million
- —Two-day outflows totaled $189.73 million, including $129.51 million the prior day
- —BlackRock's ETHA shed $44.39 million, Grayscale's ETHE lost $18.28 million
- —Fidelity's FETH drew $2.44 million; daily trading volume hit $773.15 million
Why it matters: Sustained outflows from ETH funds point to weak institutional demand for Ethereum amid macro pressure.
Source: Bloomingbit