Ether spot ETFs saw a net outflow of $432m in the 26-30 October trading week, their fifth consecutive weekly outflow, per SoSoValue data. BlackRock's ETHA led outflows at $391m, while Fidelity's FETH drew the largest inflow at $63.1m.
Ether spot ETFs post $432m weekly outflow, a fifth straight week of withdrawals
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The story so far: BlackRock ETF wallets move crypto to Coinbase Prime
BlackRock ETF-related wallets have repeatedly moved large sums of BTC and ETH to Coinbase Prime. The latest transfer is 1,883 BTC, worth about $143m, from the IBIT Bitcoin ETF to a Coinbase Prime hot wallet.
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Ether spot ETFs post $432m weekly outflow, a fifth straight week of withdrawals
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