US Spot Ether ETFs Post Third Day of Outflows Totaling $118 Million
Spot Ether investment funds in the United States extended their net outflow streak to three consecutive trading sessions.
U.S. spot Ether exchange-traded funds recorded $55.4 million in net outflows on Thursday, extending an ongoing withdrawal streak to three consecutive trading sessions according to market data. In total, the funds have lost approximately $118 million over that three-day span.
The decline in Ether ETF balances occurred on the same day U.S. spot Bitcoin ETFs returned to positive flows, generating $102.7 million in net inflows after recording $148.7 million in outflows the prior day. Total cumulative net inflows for Bitcoin spot funds reached $57.6 billion, with net assets standing at $109.3 billion.
Flows for other altcoin exchange-traded products were mixed, as Solana ETFs logged roughly $6 million in net outflows over two consecutive sessions, while XRP ETFs recorded $4 million in net inflows.
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