ETH has fallen 8.5% in the past 24 hours, with U.S. Ethereum ETFs seeing a net outflow of $99.9 million.

Ether fell 8.5% in the 24 hours through 15:10 Beijing time on Nov. 6, dropping from $2,426.58 to $2,220.43, while Bitcoin declined 6.46% from $80,598.47 to $75,388.12 over the same period. U.S. spot Ethereum ETFs recorded $99.9 million in net outflows on Nov. 5, reversing $53 million of net inflows the prior day, with BlackRock's ETHA and ETHB shedding $75.2 million and $22 million respectively, Fidelity's FETH losing $2.2 million and Grayscale's ETHE $500,000. The reversal in ETF flows underscores how quickly institutional demand for ETH exposure can swing during sharp drawdowns. Traders will watch whether outflows persist and whether ETH can hold the $2,200 level as Bitcoin's slide pressures the broader market.