US spot Ether ETFs recorded seven consecutive weeks of net withdrawals, with approximately $398.9 million leaving funds in the week ending November 13. Cumulative withdrawals reached about $2.42 billion since late September, and another negative week would tie the longest losing streak in the category. The trend does not mean institutions have abandoned Ethereum or that blockchain activity has declined, but it shows persistently weak demand for exchange-traded products. Amid broader market stress, Bitcoin ETFs also lost more than $1 billion, suggesting a general reduction in digital-asset exposure rather than a decisive shift of capital from ETH to BTC.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
