Markets· ★★★· bearish·

Spot Ether ETFs bleed $111M in a day as BlackRock's ETHA loses $75.4M

  • —Spot Ether ETFs saw $111 million in net outflows on October 22
  • —BlackRock's ETHA lost $75.45 million in a single day
  • —Fidelity's FETH attracted $2.37 million, $2.357 billion since launch
  • —ETF net assets total $145.71 billion, 5.01% of Ether's market cap
Why it matters: Sustained outflows point to weak institutional appetite for Ether amid a broader risk-off move in crypto markets.
#ETH
Source: PANews
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