Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow

US spot Ethereum ETFs experienced net withdrawals of $320.1 million during the week ending October 16, surpassing the $228.4 million lost by Bitcoin funds. Data from Farside Investors indicates that BlackRock s ETHA was responsible for nearly all Ether redemptions. While Ethereum investment funds faced another difficult week, this loss was less severe than the $542 million withdrawn in the previous five sessions, highlighting a continuing trend of outflows for these digital asset products.