US Spot Ethereum ETF Outflows Slow to $1.32 Million Following Heavy Redemptions

U.S. spot Ethereum exchange-traded funds recorded $1.32 million in net daily outflows on November 10, marking a fourth straight session of withdrawals as daily redemptions decelerated by about 99%. Total net assets across the funds stood at $11.64 billion, representing 4.63% of Ethereum's market capitalization. The slowdown followed substantial selling pressure on November 9, when spot Ether ETFs logged $184.6 million in net outflows, led by $119.3 million in redemptions from BlackRock's iShares Ethereum Trust. On November 10, BlackRock's ETHB was the sole gainer with $1.05 million in net inflows.