Particle.news
Download on the App Store
10 ARTICLES
·
3d ago

U.S. Ether ETFs Log Second Straight Week of Outflows as ETH Rebounds Above $4,200

The back-to-back redemptions signal cooling demand following October price weakness.

Image
Ethereum etfs hit two week outflow streak as $555m exits
Image
Weekly etf report: bitcoin etfs rebound with $446 million as ether funds bleed

Overview

  • Roughly $555.7 million exited U.S. spot Ether ETFs over the past two weeks, the first consecutive weekly outflows since April, according to SoSoValue.
  • For Oct. 20–24, the funds saw about $243.91 million in net redemptions, including a $93.6 million daily outflow on Oct. 24 as BlackRock’s ETHA shed nearly $101 million in value.
  • Provider-level losses were led by Fidelity’s FETH at $95.2 million, BlackRock’s ETHA at $89.1 million, and Grayscale’s ETHE and ETH at about $26.1 million and $23.5 million, respectively.
  • ETH recovered from a late-week low near $3,880 to trade around $4,229 on Oct. 27, clearing the $4,200 level cited as resistance in recent technical views.
  • Flows diverged across assets as U.S. Bitcoin ETFs took in about $446.36 million on the week, while CoinShares reported $921 million in global digital-asset inflows driven by softer U.S. CPI, with Bitcoin up $931 million and Ethereum down $169 million.