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      Ethereum spot ETFs saw $161 million in net outflows yesterday, marking 7 consecutive days of net outflows

      PANews reported on October 8 that, according to SoSoValue data, Ethereum spot ETFs saw total net outflows of $161 million yesterday (October 7, U.S. Eastern Time).

      The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF ETHA, with a single-day net outflow of $116 million; ETHA's historical total net inflow now stands at $12.92 billion.

      Next was Grayscale's Ethereum Trust ETF ETHE, with a single-day net outflow of $25.7676 million; ETHE's historical total net outflow now stands at $5.467 billion.

      As of press time, the total net asset value of Ethereum spot ETFs was $16.402 billion, with the ETF net asset ratio (market value as a share of Ethereum's total market cap) reaching 5.22%, and historical cumulative net inflows reaching $13.389 billion.


      Source: PANews
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