$2.3484 billion in net outflows... concentrated in Ethereum ETFs in October
Original headline23억4840만달러 순유출…이더리움 ETF 10월에 집중
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U.S. spot Ethereum ETFs recorded $2.3484 billion in net outflows across seven consecutive trading weeks from Sept. 28 through Nov. 11, according to Farside Investors data, with every week posting a negative total. October alone accounted for $1.6072 billion of the exodus, the largest monthly outflow since the funds began trading in July 2024, and redemptions continued into November. The sustained withdrawals underscore weak institutional demand for ETH exposure even as spot Bitcoin ETFs have attracted steady inflows. Traders will watch whether daily flows stabilize in the final weeks of November and whether ETH's price can hold key support levels amid the persistent supply overhang from ETF redemptions.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
US spot Ethereum ETFs, Ethereum (ETH), Farside Investors
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