Ethereum Spot ETFs Extend Outflow Streak to 10 Sessions at $85.4M

Ethereum spot ETFs recorded $85.4 million in combined net outflows on Oct. 12, extending their streak of daily withdrawals to 10 sessions and highlighting continued pressure on Ether-linked investment products.

BlackRock’s ETHA accounted for the largest share of the outflows, with $75.1 million leaving the fund during the session. Grayscale’s Ethereum mini trust ETF posted another $10.3 million in net outflows.

Despite the latest withdrawals, ETHA’s cumulative net inflows stood at $12.718 billion. Grayscale’s Ethereum mini trust ETF had recorded $2.009 billion in cumulative net inflows.

Across the Ethereum spot ETF market, net assets totaled $15.858 billion as of Oct. 12. The products represented 5.15% of Ethereum’s total market value, while cumulative net inflows remained at $13.174 billion.