Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow
TL;DR: US spot Ethereum ETFs lost $320.1 million in the week ending October 16, more than the $228.4 million withdrawn from Bitcoin funds. BlackRock’s ETHA accounted for nearly all of the Ether redemptions. Ethereum investment funds have ended another difficult week on the wrong side of the ledger. US spot Ether ETFs recorded $320.1 million in net withdrawals between October 12 and 16, while comparable Bitcoin…
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TL;DR: US spot Ethereum ETFs lost $320.1 million in the week ending October 16, more than the $228.4 million withdrawn from Bitcoin funds. BlackRock’s ETHA accounted for nearly all of the Ether redemptions. Ethereum investment funds have ended another difficult week on the wrong side of the ledger. US spot Ether ETFs recorded $320.1 million in net withdrawals between October 12 and 16, while comparable Bitcoin…
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