Ethereum Spot ETFs Record $105M Net Outflow on October 29

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Ethereum news broke on October 29 as Ethereum spot ETFs recorded a $105 million net outflow, marking the fourth consecutive day of withdrawals. Fidelity’s FETH saw the largest inflow at $2.90 million, while BlackRock’s ETHA experienced a $71.68 million outflow. Total net assets now stand at $13.98 billion, with Ethereum’s price today reflecting a 5.07% share of the total market cap. Cumulative inflows since launch remain at $12.44 billion.

ME NEWS reports that, as of October 30 (UTC+8), according to SoSoValue data, Ethereum spot ETFs recorded a net outflow of $105 million yesterday (Eastern Time, October 29).

The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH, with a net inflow of $2.9018 million; FETH's total historical net inflow now stands at $2.427 billion.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETHA, with a net outflow of $71.6792 million; ETHA's total historical net inflow now stands at $11.946 billion.

As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.984 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum’s total market cap) of 5.07%, and cumulative net inflows to date reaching $12.444 billion. (Source: SoSoValue)

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