Ethereum spot ETFs recorded a $69.68 million net outflow on October 16, marking the third consecutive day of outflows.

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Ethereum news reports that Ethereum spot ETFs recorded a net outflow of $69.68 million on October 16, marking the third consecutive day of withdrawals. BlackRock’s ETHA ETF led with a $69.68 million outflow, though it still holds a cumulative net inflow of $12.49 billion. Total net assets for Ethereum spot ETFs now stand at $14.95 billion, with a net asset ratio of 5.07% relative to Ethereum’s market cap. Ethereum’s price remains under pressure today as the historical cumulative net inflow reaches $12.94 billion.

ChainCatcher report, according to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $69.68 million yesterday (Eastern Time, October 16).

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock’s ETHA, with a net outflow of $69.68 million; ETHA’s total historical net inflow now stands at $12.494 billion.

As of the time of publication, the total net asset value of Ethereum spot ETFs is $14.946 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 since inception reaching $12.94 billion.

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