Ethereum price is back in focus after U.S. spot Ether ETFs recorded a second consecutive day of net withdrawals. According to TokenPost, the funds lost USD 93.19 million on November 6, based on data from SoSoValue.
ETF withdrawals continue
BlackRock's ETHA recorded the largest outflow at USD 90.76 million. BlackRock's ETHB was the only fund mentioned as attracting fresh money, with an inflow of USD 1.15 million. Grayscale's ETH fund recorded withdrawals of USD 1.91 million, while Fidelity's FETH lost USD 1.67 million.
The latest session followed outflows on November 5 and extended the withdrawal streak to two trading days. TokenPost reported cumulative net inflows of USD 11.92 billion since launch. Total trading volume across the spot Ether ETFs reached USD 728.85 million on November 6, while total net assets stood at USD 12.84 billion, equivalent to about 4.71 percent of Ethereum's market capitalization.
Price remains below recent peak
The fund-flow data provide context for Ethereum price performance, but they do not by themselves establish that ETF redemptions caused a particular move in the underlying token. The historical table on Investing.com listed a November 6 close of USD 2,238.58, compared with USD 2,238.62 on November 5. The same table showed a close of USD 2,424.57 on November 4 and a daily decline of 7.67 percent on November 5.
That sequence leaves Ether below the level recorded before the sharp November 5 decline. For investors, the immediate distinction is between a short-lived improvement in ETF demand and a sustained return of creations across several sessions. The latest figures show that listed-product demand remained uneven: one BlackRock vehicle attracted inflows while the larger ETHA product saw substantial redemptions.
What investors should watch
Further daily flow reports and the token's ability to stabilize above the recent November 6 close will help determine whether the market is forming support or merely pausing after a volatile move. ETF assets, trading volume and cumulative inflows describe different aspects of the market and should not be treated as interchangeable indicators.
More Ethereum coverage is available on the Ethereum topic page.
