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Ethereum Spot ETFs Post $365 Million Weekly Outflow for Sixth Straight Week
Ethereum spot ETFs recorded $365 million in net outflows during the November 2–6 trading week, extending their outflow streak to six consecutive weeks. BlackRock's ETHA had the largest outflow at $346 million, while Fidelity's FETH led weekly inflows with $15.3357 million.
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What happened
Ethereum spot ETFs recorded $365 million in net outflows during the November 2–6 trading week, extending their outflow streak to six consecutive weeks. BlackRock’s ETHA had the largest outflow at $346 million, while Fidelity’s FETH led weekly inflows with $15.3357 million.
Confirmed
Global impact / market context
Repeated withdrawals mean these funds, which hold Ethereum for investors, have seen more money leave than enter over six weeks. If that pattern continues, fund managers may need to reduce Ethereum holdings, creating a potential source of selling pressure; the report does not establish that this has happened.
Analyst inference
Despite the weekly withdrawals, the report says Ethereum spot ETFs still held $12.84 billion in total net assets and had $11.92 billion in cumulative historical net inflows. Those figures show the recent outflows sit alongside substantial assets and net inflows accumulated over time.
Confirmed
What to watch
- Whether weekly net outflows continue beyond six consecutive weeks, since persistent withdrawals could prompt funds to sell more Ethereum to meet investor exits. Analyst inference
- Whether inflows into Fidelity’s FETH continue or grow enough to offset withdrawals from BlackRock’s ETHA and ETHB, which both recorded weekly outflows. Analyst inference
- Changes in total net assets and cumulative historical net inflows, which would show whether the recent withdrawals are materially changing the funds’ overall asset base. Analyst inference
Affected assets
- ETH — Ethereum