Spot Ethereum exchange-traded funds posted a combined net outflow of $103 million on Oct. 19, according to SoSoValue, marking the fourth straight day of net redemptions. BlackRock’s ETHA led the daily outflows with $95.3953 million leaving the fund, while Fidelity’s FETH recorded $5.9632 million in net outflows. Despite the latest withdrawals, ETHA’s cumulative historical net inflows stood at $12.398 billion, and FETH’s reached $2.338 billion. As of press time, total net assets across spot Ethereum ETFs were $14.765 billion. The ETF net asset ratio, measured as ETF market value as a share of Ethereum’s total market capitalization, was 5.04%. Historical cumulative net inflows for the category reached $12.837 billion.
Spot Ethereum exchange-traded funds recorded $103 million in total net outflows on Oct. 19, Eastern Time, according to SoSoValue. The category has now posted net outflows for four consecutive trading days.
ETHA and FETH led the day’s withdrawals
BlackRock’s ETHA posted the largest single-day net outflow among spot Ethereum ETFs, with $95.3953 million leaving the fund. Even so, ETHA’s historical cumulative net inflows stood at $12.398 billion.
Fidelity’s FETH ranked second, with daily net outflows of $5.9632 million. Its historical cumulative net inflows were $2.338 billion.
Category totals at press time
As of press time, total net assets for spot Ethereum ETFs were $14.765 billion. The ETF net asset ratio, defined as ETF market value relative to Ethereum’s total market capitalization, was 5.04%.
Historical cumulative net inflows across spot Ethereum ETFs reached $12.837 billion.
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