Ethereum spot ETFs recorded a $202 million net outflow on October 6, marking the sixth consecutive day of outflows.

icon MarsBit
Share
AI summary iconSummary
Ethereum news reports that Ethereum spot ETFs recorded a $202 million net outflow on October 6, marking the sixth consecutive day of outflows. BlackRock’s ETHA led with $202 million in outflows for the day, despite a total historical inflow of $13.036 billion. Ethereum spot ETFs now hold $17.356 billion in net assets, representing a 5.27% net asset ratio relative to Ethereum’s current market cap. Cumulative net inflows remain at $13.549 billion.

Huo Xing Finance reports, according to SoSoValue data, on October 6 Eastern Time, the total net outflow of spot Ethereum ETFs amounted to $202 million. The single-day largest net outflow among spot Ethereum ETFs yesterday was BlackRock’s ETHA, with a net outflow of $202 million; ETHA’s cumulative net inflow to date stands at $13.036 billion. As of the time of reporting, the total net asset value of spot Ethereum ETFs is $17.356 billion, with the ETF net asset ratio (market value as a percentage of Ethereum’s total market cap) at 5.27%, and cumulative net inflows since inception reaching $13.549 billion.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.