TREE NEWS reports: Ethereum spot ETFs recorded a net outflow of $161 million on October 7, marking a seventh consecutive day of net redemptions. BlackRock’s ETHA led the exits with $116 million in single-day net outflow, though its cumulative net inflow still stands at $12.92 billion. Grayscale’s ETHE followed with $25.77 million in net outflow, bringing its all-time net outflow to $5.467 billion.
Ethereum Spot ETFs See $161M Net Outflow, Seventh Straight Day
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AI take
The persistence of redemptions matters more than the single-day figure: seven straight sessions of net outflows suggests this is a sustained shift in positioning rather than one-off rebalancing. That BlackRock's fund is leading the exits despite a still-large cumulative inflow base is worth noting, since it indicates even the strongest issuer is not immune to the current tide. The divergence between Grayscale's accumulated outflows and BlackRock's remaining cushion is the open question — whether newer, lower-fee products keep bleeding or stabilize is what to watch next.
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