Spot Ether ETFs posted $99.9M net outflow on November 5

According to NewsBTC, US spot Ether exchange-traded funds experienced net outflows totaling $99.9 million on November 5, based on flow data from Farside. The previous session had moved the other way, with $53 million flowing in on November 4. The publisher also logged earlier outflows of $85.3 million on November 3 and $139.7 million on November 2.

BlackRock's ETHA fund accounted for $75.2 million of the November 5 figure, and the ETHB product saw a further $22 million leave, the report said. Fidelity's FETH was down $2.2 million, while Grayscale's ETHE recorded a $500,000 withdrawal. The publisher added that its November 6 table contained fields it did not report on.

NewsBTC characterized the figures as evidence of fragile demand for these funds, and it framed them as a snapshot of fund activity rather than an outlook. The publisher also noted that ETF flows capture the fund wrapper and not all Ethereum activity. Separately, Glamsterdam testing was put off on November 6 by the Ethereum Foundation, a move tied to concerns over proposed gas changes, according to the report.