Ethereum spot ETFs shed $320 million last week, a third straight week of outflows

Spot Ethereum ETFs posted a net outflow of $320 million in the trading week of Oct. 12 to Oct. 16, Eastern Time, according to SoSoValue data, extending the run of redemptions to a third consecutive week. BlackRock's ETHA accounted for the largest weekly outflow at $299 million, with its cumulative net inflow now at $12.49 billion. Grayscale's Ethereum Trust (ETHE) came second, losing $18.28 million on the week; its cumulative net outflow totals $5.49 billion. Fidelity's FETH attracted the biggest weekly inflow at $10.55 million, taking its all-time net inflow to $2.34 billion. As of publication, spot Ethereum ETFs hold $14.95 billion in net assets, equal to 5.07% of Ethereum's total market capitalization, with cumulative net inflows of $12.94 billion.

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