United States spot exchange-traded funds holding Ethereum (ETH) registered their eighth consecutive day of net outflows on Thursday, October 8, with $72.5 million leaving the products in a single session.

The figures come from the daily creation and redemption disclosures that the eleven US-listed Ethereum spot ETF wrappers file each trading day. Under the ETF structure, new shares are issued through creations when demand rises and withdrawn through redemptions when investors exit, and issuers report this activity every session. A day of net outflows indicates that redemptions outweighed creations across the group. Read that way, an eight-session stretch is a measure of sustained redemption activity across the products, built from consecutive daily disclosures rather than any single session.

US spot Ether ETFs began trading in July 2024 after receiving approval from the US Securities and Exchange Commission (SEC), giving investors a regulated way to gain exposure to ETH through standard brokerage accounts. Since launch, the group's daily flow readings, compiled from issuer disclosures, have been widely tracked by market observers monitoring participation in the Ethereum market, and a multi-day run of negative readings offers those observers a cumulative view of how that participation has shifted across consecutive sessions.

The October 8 reading extends the streak to eight straight trading days of negative aggregate flows, based on the disclosed creation and redemption activity for each session. With new disclosures filed every trading day, the next reading will show whether the streak reaches a ninth session.

This article was first published on COINOTAG: https://en.coinotag.com/ethereum-etf-8th-straight-outflow-day-72-5m