US Spot Ethereum ETFs See $85.4M Net Outflows on October 12

ETH-0.91%
According to Farside, US spot Ethereum ETFs experienced $85.4 million in net outflows on October 12 (US Eastern Time). Over the past five trading days (October 6-12), cumulative net outflows reached $576.8 million. The ETFs have recorded net outflows for 10 consecutive trading days since September 29, with total outflows of $782.8 million during this period.
Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.