US Spot Ether ETFs Post $69.68 Million Outflows Driven Exclusively by BlackRock's ETHA

U.S. spot Ether exchange-traded funds recorded $69.68 million in net outflows on October 16, marking three straight days of withdrawals. BlackRock's ETHA accounted for the entire session's redemptions, pulling total net assets down to $14.95 billion and cumulative net inflows to $12.94 billion, while all other funds saw zero net flows. This followed $60.22 million in net outflows on October 15, when BlackRock's ETHA shed $44.39 million and Grayscale's ETHE lost $18.28 million, offset only by a $2.44 million inflow into Fidelity's FETH.