US spot Ethereum (ETH) exchange-traded funds recorded $139.7 million in net outflows on Monday, November 2, with BlackRock's ETHA accounting for the largest share of the day's redemptions, according to a report by COINOTAG. Over the same 24-hour window, the Ethereum price slid 1.9% to trade near $2,249.

Daily creation and redemption disclosures from the funds' issuers showed that not a single product in the group took in fresh capital during the session, indicating that the day's redemption pressure was broad-based rather than isolated to a single product. According to the report, Monday marked the sixth consecutive day of net outflows for US spot Ether ETFs, meaning every daily disclosure over that stretch has shown more capital leaving the funds than entering them.

ETHA, the iShares Ethereum Trust ETF, is BlackRock's spot Ether fund within a group of US-listed spot Ethereum ETFs that launched in July 2024 following approval by the US Securities and Exchange Commission. The funds hold Ether directly, offering investors regulated exposure to the token without requiring them to custody the asset themselves. Each product's daily net flow is derived from creation and redemption data disclosed by issuers at the end of every trading session, so a net outflow simply signals that redemptions outweighed creations that day — one reason these daily figures are widely followed as a gauge of investor demand for Ether through regulated fund vehicles. The next round of end-of-session disclosures will show whether the current streak extends to a seventh day or is broken by a return of fresh capital.

This content was first published on COINOTAG: https://en.coinotag.com/ethereum-etf-outflows-139-7-million-sixth-day-blackrock-etha