Ethereum Spot ETFs See Significant Weekly Outflows

According to Foresight News, data from SoSoValue indicates that Ethereum spot ETFs experienced a net outflow of $5.22 million during the trading week from October 7 to October 11. Among these, the Grayscale Ethereum Trust ETF (ETHE) saw a significant weekly net outflow of $19.08 million, bringing its historical net outflow to $2.98 billion. In contrast, the Blackrock Ethereum ETF (ETHA) recorded the highest weekly net inflow of $17.85 million, with its historical total net inflow reaching $1.21 billion. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $6.735 billion. The net asset ratio of these ETFs, compared to Ethereum's total market value, is 2.28%. The cumulative historical net outflow for Ethereum spot ETFs has reached $559 million.