Ethereum spot ETFs recorded a total net outflow of $21.4 million on October 28, marking the third consecutive day of negative flows according to SoSoValue data. BlackRock's ETHA led daily redemptions with a $44.8 million net outflow, while Fidelity's FETH attracted the largest single-day inflow at $18.8 million, followed by Grayscale's Ethereum Mini Trust with $3.6 million in net inflows.
As of press time, Ethereum spot ETFs hold $14.3 billion in total net assets, representing 4.95% of Ethereum's market capitalization. Cumulative historical net inflows since launch have reached $12.5 billion.
Ethereum Spot ETFs Post Third Straight Day of Net Outflows, Losing $21.4M
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