Update
Ether ETFs See $2.35 Billion in Outflows Over Seven Weeks
US spot Ether funds have seen significant outflows, with BlackRock's ETHA Investors pulling $2.35 billion out of Ether ETFs over the past seven weeks. This marks one of the roughest stretches for these products since they launched. The outflows are more pronounced for Ether specifically, rather than a broad exit from crypto funds. October saw the largest monthly outflow of $1.607 billion, followed by a $700 million outflow in November. The ETHA Trust, which trades as ETHA, accounted for 85% to 90% of withdrawals during the heaviest weeks, with $1.42 billion pulled in October. Meanwhile, Fidelity's FETH recorded modest inflows in October, while Ether itself has been stuck in a range.