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U.S. Ether ETFs see $2.35B withdrawals over 7 weeks, hitting record outflows in October 2024

Market News
12 Nov 2026, 15:21 WIB
Tokenpost
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Bearish
U.S. Ether ETFs see $2.35B withdrawals over 7 weeks, hitting record outflows in October 2024

U.S. spot Ether (ETH) exchange-traded funds experienced $2.35 billion in withdrawals over seven weeks, with October 2024 seeing the largest monthly outflows of $1.607 billion since their launch in July 2024. BlackRock's iShares Ethereum Trust (ETHA) accounted for the majority of these outflows, representing 85-90% during the heaviest withdrawal weeks. While Fidelity's FETH ETF saw modest inflows, overall Ether ETFs have faced persistent withdrawals since October, contrasting with more fluctuating Bitcoin ETF flows. Despite recent outflows, cumulative net inflows to Ether ETFs since launch remain around $11.59 billion as of mid-November 2026.

U.S. spot Ether ETFs have seen significant outflows totaling $2.35 billion over seven weeks. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Nov 12, 2026 19:31 WIB: out of 50 major cryptocurrencies, 7 rose and 41 fell. Notable movers include UNI at Rp110.149 with a -5.32% change and 75% sell order activity, CRV at Rp4.277 with a -4.64% change and 100% buy order activity, and GRT at Rp307 with a -4.02% change and 92% sell order activity.

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