Ether ETFs Shed $184.6M in a Day as BlackRock Leads Redemptions
Summary
US spot Ether ETFs saw $184.6 million in net outflows on November 9, led by $119.3 million withdrawn from BlackRock’s ETHA. It was the third consecutive negative session, bringing net withdrawals across the three sessions to about $377.8 million. Other products also posted outflows, partly offset by a small inflow to Morgan Stanley’s MSSE. Bitcoin funds also had outflows that day, though differences between the products limit comparisons. ETF flows reflect demand for investment products, not the full state of Ethereum network activity or adoption, and the figures may be revised as issuer reports are finalized.
