U.S. spot Ether exchange-traded funds recorded $53.0 million in net inflows Nov. 4, ending seven consecutive sessions of withdrawals from Oct. 26 through Nov. 3. Ether’s close for the UTC date Nov. 5 was $2,235.77.
Net outflows were $88.6 million Oct. 26, $60.2 million Oct. 27 and $21.4 million Oct. 28. Withdrawals increased to $105.5 million Oct. 29 and $155.7 million Oct. 30, the largest session in the streak. After the weekend, funds recorded $139.7 million in outflows Nov. 2 and $85.3 million Nov. 3.
The Nov. 4 inflow was the first positive session after those seven withdrawals. The flow sequence ended before Ether’s Nov. 5 UTC close, so the $53 million inflow and $2,235.77 closing price are separate daily measures. Net flow totals combine money entering and leaving the funds for each session. The outflow series covered seven fund sessions, not seven calendar days in a row.
Enna Lee
Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].
