Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow
Summary
US spot Ether ETFs saw $320.1 million in net outflows from October 12 to 16, exceeding the $228.4 million withdrawn from Bitcoin funds. BlackRock’s ETHA accounted for about $299 million, nearly 93% of Ether ETF outflows, while Fidelity’s FETH had modest inflows. Ether’s withdrawals were below the prior week’s roughly $542 million. ETF flows track fund share creations and redemptions, not total demand for ETH.
