Markets· ★★★· bearish·

US spot ETH ETFs bleed $105M for fourth straight session

  • —BlackRock ETHA shed $71.68M, the biggest outflow among products
  • —Fidelity FETH drew $2.9M, the largest inflow of the day
  • —Total ETH ETF net assets stand at $13.98B, or 5.07% of ETH's market cap
  • —ETH ETFs have lost $1.35B since the start of October
Why it matters: A sustained ETF outflow streak weighs on ether and points to weak institutional demand.
#ETH
Source: TokenPost
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