Ethereum ETF Exodus Hits 23 Days as $2.8B Queues to Stake
Ethereum ETF Exodus Hits 23 Days as $2.8B Queues to Stake Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I have covered a lot of strange splits in this market, but I have rarely seen one this clean — or this loud. On one side of the Ethereum trade, the money is walking out the front door. On the other side, it is lining up around the block to get in. Both cannot be right forever. So, which side is reading Ethereum correctly? Here is the scoreboard as November opens. U.S. spot Ethereum ETFs have now logged 23 consecutive trading days of net outflows, the longest losing streak since these funds launched in July 2024. More than $1 billion left the funds during October alone. On Friday, October 30, another $155.7 million walked out, with BlackRock's ETHA accounting for $76.6 million of it — nearly half the day's total. Ether, meanwhile, is holding near $2,270, up about 1% on Sunday, November 1, after a week in which it fell roughly 5%. And yet, at ...
