Ethereum Spot ETFs Witness Outflows of $37 Million, Invesco Leads Inflow

Recent data from SoSoValue reveals a significant net outflow of $37.3518 million for Ethereum spot exchange-traded funds (ETFs) on November 19th, Eastern time. This marks the latest instance of investor withdrawals from these products. Invesco’s ETF QETH saw the largest single-day inflow with $2.9322 million, bringing its historical total net inflow to a substantial $22.4123 million. In contrast, Blackrock’s ETF ETHA faced the largest single-day outflow of $24.5899 million. Despite this, ETHA still boasts a positive historical net inflow totaling $13.066 billion. As of today’s report, the total net asset value of Ethereum spot ETFs stands at $18.194 billion. The ETF’s market value relative to the broader Ethereum market (the ETF net asset ratio) is currently 5.12%. This brings the cumulative historical net inflow for these ETFs to a staggering $12.838 billion.