US Ethereum spot ETFs saw a net outflow of approximately $431 million last week.

on November 2, according to data from Farside Investors, U.S. spot Ethereum ETFs recorded a cumulative net outflow of approximately $431 million over the five trading days from October 26 to October 30 Eastern Time, marking the fifth consecutive week of weekly net outflows.

BlackRock’s ETHA saw a cumulative net outflow of approximately $391 million last week. On October 30, these funds posted a combined single-day net outflow of $155.7 million, the largest single-day outflow of the week.