US spot Ether ETFs saw net outflows of approximately $320 million over the week ending October 16, outpacing the $228 million that left Bitcoin ETFs during the same period. BlackRock’s iShares Ethereum Trust, trading under the ticker ETHA, accounted for the bulk of these redemptions, often representing 80% or more of total Ether ETF outflows. Bitcoin ETF withdrawals slowed by 66% compared with the prior week, with even a small inflow recorded on one day during the period. Ether ETFs have posted cumulative losses approaching or exceeding $900 million since the start of October, following a streak of nine consecutive days of redemptions in early October.
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