Ether ETFs Shed $139.7M on November 2, Extending a Difficult Run for Fund Flows

Dextape brief

By Dextape Desk · November 3, 2026

Figures from Farside Investors show US spot Ether ETFs recorded about $139.7 million in net withdrawals on November 2. BlackRock's ETHA accounted for roughly $138.3 million of that total. Two earlier October sessions, the 29th and 30th, were also negative, with roughly $105.5 million and $155.7 million respectively leaving. Since the figures are tied to specific dates, data providers may later revise them. The report does not establish who sold, whether any positions were hedged, or where the money went. Next the article points to issuer-level data across more sessions, depth in spot trading, and whether redemption pressure spreads to additional funds. A sustained run of net creations would alter the recent trend, though one inflow would not erase the broader pattern.

Why it matters: Continued redemptions from spot Ether funds bear on how readers gauge demand for Ethereum exposure, while ETF flows remain distinct from measures of network activity.

Mentioned: Ethereum, BlackRock

Summary by Dextape, based on reporting by NewsBTC. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.