Spot Ether ETFs Extend Outflows to Sixth Session as BlackRock Fund Loses $138 Million

U.S. spot Ether exchange-traded funds posted roughly $140 million in net outflows on Nov. 2, extending their withdrawal streak to six consecutive sessions. BlackRock's iShares Ethereum Trust accounted for the vast majority of the redemptions, logging $138 million to $138.3 million in net outflows. ETHB also shed $4.6 million, while the Morgan Stanley Ethereum Trust recorded inflows of about $3.2 million. The Ether ETF withdrawals contributed to a broader retreat across crypto investment products, with combined U.S. spot Bitcoin and Ether funds shedding $538.3 million on the day, including $398.6 million from spot Bitcoin ETFs.