Ethereum ETFs See $39 Million in Outflows

According to data from SoSoValue, Ethereum exchange-traded funds (ETFs) experienced net outflows of $39.08 million on November 18, continuing a three-day trend that saw a total of over $102.19 million in outflows.

The majority of these outflows on November 18 were driven by BlackRock's ETHA fund, which saw a significant $23.91 million leave the fund. Other notable outflows came from Grayscale's ETHE fund, with $13.28 million exiting, and the Ethereum Mini Trust, which recorded outflows of $5.06 million.

However, Fidelity's FETH fund was the only Ethereum ETF to report inflows on the same day, receiving $3.17 million. Meanwhile, the other five Ethereum ETFs saw little to no activity, remaining largely unaffected by the market's trend.

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