PANews reported on October 24th that according to SoSoValue data, Ethereum spot ETFs saw a net outflow of $128 million on October 23rd (EST), one of the largest outflows in recent times. None of the nine products saw net inflows. Fidelity's FETH saw a net outflow of $77.0438 million, bringing its historical net inflow down to $2.690 billion. BlackRock's ETHA saw a net outflow of $23.3506 million, bringing its historical net inflow to $14.255 billion.
As of press time, the total net asset value of the ETH spot ETF was US$26.023 billion, accounting for 5.63% of Ethereum's total market value, with a historical cumulative net inflow of US$14.447 billion.
