NewsCryptoEthereum ETF Outflows Reach $379 Million Over Four Days, Led by BlackRock's ETHA

Ethereum ETF Outflows Reach $379 Million Over Four Days, Led by BlackRock's ETHA

Author: Coinotag·

Key Takeaways

  • •US spot Ethereum ETFs recorded their fourth consecutive session of net outflows on Nov. 10, with the daily figure shrinking to a net $1.3 million.
  • •Cumulative outflows since the withdrawal run began on Nov. 5 total $379.1 million, based on issuer creation and redemption disclosures.
  • •BlackRock's ETHA, the iShares spot Ethereum trust that began trading in July 2024, led the four-day outflow streak.
  • •Of the four-day total, $377.8 million was recorded in the first three sessions, showing the pace of withdrawals slowed by the streak's final reported day.
  • •Whether the outflow sequence continues beyond Nov. 10 or reverses into net creations will be shown in the next daily disclosures from issuers.
Ethereum ETF Outflows Reach $379 Million Over Four Days, Led by BlackRock's ETHA

United States spot Ethereum (ETH) exchange-traded funds recorded a fourth consecutive session of net outflows on Nov. 10, according to issuer creation and redemption disclosures, although the daily figure shrank to a net $1.3 million. Net outflows in these products occur when daily redemptions exceed creations, and the figures are compiled from disclosures that US-listed issuers publish after each trading session.

The disclosures show that a cumulative $379.1 million has left the products since the withdrawal run began on Nov. 5, with the streak led by BlackRock's ETHA, according to the report. ETHA, BlackRock's iShares spot Ethereum trust, is one of the US spot ETH ETFs that began trading in July 2024, a category whose daily flow prints are widely followed as a public record of allocation activity through regulated vehicles.

Based on the published figures, the $1.3 million recorded on Nov. 10 places the remaining $377.8 million of the four-day total in the first three sessions of the run, marking a step-down in the daily outflow pace by the streak's final reported day.

Whether the sequence extends beyond Nov. 10 or flips to net creations will be shown in the next daily creation and redemption disclosures from issuers.

This content was first published on COINOTAG: https://en.coinotag.com/ethereum-etf-outflows-379m-four-day-streak