Spot Ethereum exchange-traded funds in the U.S. recorded total net outflows of $72.544 million on Oct. 8, according to SoSoValue, marking the eighth straight trading day of net redemptions. Among the products that still saw inflows, Fidelity’s FETH led the group with $5.503 million in net inflows for the day, bringing its cumulative historical net inflow to $2.334 billion. Morgan Stanley’s Ethereum Trust, trading under MSSE, followed with $1.3209 million in daily net inflows and a cumulative historical total of $42.679 million. On the outflow side, BlackRock’s ETHA posted the largest single-day net withdrawal at $71.1208 million, while its cumulative historical net inflow stood at $12.849 billion. As of press time, total net assets across spot Ethereum ETFs were $15.636 billion. The ETF net asset ratio, measured as the share of Ethereum’s total market capitalization represented by ETF assets, was 5.17%, while cumulative historical net inflows for the category reached $13.316 billion.
U.S. spot Ethereum ETFs saw total net outflows of $72.544 million on Oct. 8, Eastern Time, according to SoSoValue. The category has now recorded net outflows for eight consecutive trading days.
Daily fund flows
Fidelity’s spot Ethereum ETF, FETH, recorded the largest net inflow of the day at $5.503 million. Its cumulative historical net inflow has reached $2.334 billion.
Morgan Stanley Ethereum Trust, MSSE, ranked next with $1.3209 million in daily net inflows. Its cumulative historical net inflow stood at $42.679 million.
BlackRock’s ETHA posted the largest net outflow of the session, with $71.1208 million leaving the fund. Even so, ETHA’s cumulative historical net inflow has reached $12.849 billion.
Category totals
As of press time, total net assets held by spot Ethereum ETFs were $15.636 billion. The ETF net asset ratio, defined as ETF market value as a share of Ethereum’s total market capitalization, was 5.17%. Cumulative historical net inflows for spot Ethereum ETFs reached $13.316 billion.
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