Ethereum Spot ETF Sees Continued Outflows Amid Market Trends

According to PANews, recent data from SoSoValue reveals that Ethereum spot ETFs experienced a net outflow of $9.0492 million on November 21, marking the sixth consecutive day of outflows. As of the latest report, the total net asset value of Ethereum spot ETFs stands at $9.774 billion, representing 2.42% of Ethereum's total market capitalization. The historical cumulative net inflow is recorded at $15.587 million. In terms of specific ETF performance, Grayscale's ETHE saw a net outflow of $27.0753 million yesterday, contributing to a historical total net outflow of $3.32 billion. Meanwhile, Grayscale's Ethereum Mini Trust ETF ETH experienced a net outflow of $4.1094 million, though it maintains a historical cumulative net inflow of $368 million. On the other hand, Fidelity's FETH showed a strong performance with a net inflow of $16.79 million yesterday, bringing its cumulative net inflow to $699 million. Bitwise's ETHW also reported a net inflow of $2.8883 million, with a historical cumulative net inflow of $376 million.