Ethereum ETFs Log Their Worst Month for Flows Since 2024 Launch
US spot Ethereum ETFs lost $1.61 billion in October, their largest monthly outflow since launch in July 2024, ending a three-month inflow run. The outflows came alongside a 16.1% drop in ETH, its weakest October since 2016. Total net assets fell from $17.60 billion to $13.22 billion, a signal of weakening institutional demand for traders to watch.