Ethereum Spot ETFs Experience Outflows on October 31st, totaling $98.2 Million

On October 31st, data reveals a significant outflow from Ethereum spot exchange-traded funds (ETFs), according to Foresight News and SoSoValue. Blackrock’s ETF ETHA experienced the largest single-day net outflow of $38.62 million. Despite this day’s outflow, ETHA’s historical net inflow remains strong at $14.167 billion. Fidelity’s ETF FETH followed with a net outflow of $27.12 million, highlighting its historical net inflow of $2.686 billion. 🎧 As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $26.019 billion, and their corresponding ETF net asset ratio is 5.58%, reflecting the market value relative to Ethereum’s total market capitalization. The cumulative historical net inflow for these ETFs has reached a remarkable $14.369 billion.