As per BitcoinWorld, US spot ETH ETFs experienced a $38.9 million net outflow on November 19, marking the seventh consecutive trading day of withdrawals. BlackRock’s ETHA led with $26.14 million in outflows, followed by Grayscale’s ETHE with $15.69 million. Invesco’s QETH was the only fund to see net inflows, with $2.93 million. Analysts suggest factors such as regulatory uncertainty, market volatility, and shifting investment strategies may be driving the trend.
ETH ETFs Record $38.9M Outflow on 7th Consecutive Day
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