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

Grade Abearish AI signal$ETH
US spot Ether ETFs recorded approximately $139.7 million in net outflows on November 2, extending a run of negative fund flows. BlackRock's ETHA accounted for roughly $138.3 million of the withdrawals, following outflows of $155.7 million on October 30 and $105.5 million on October 29. Continued redemptions could weigh on sentiment toward ETH, particularly if withdrawals broaden across issuers in the coming sessions.

Bullish strength: 20/100

  • ETF outflows do not establish that Ethereum network fundamentals or broader ecosystem demand are weakening.
  • Other funds showed smaller and sometimes opposite daily movements.

Bearish strength: 80/100

  • US spot Ether ETFs recorded approximately $139.7 million in net outflows on November 2.
  • BlackRock's ETHA accounted for roughly $138.3 million of the withdrawals.
  • Outflows continued after approximately $155.7 million left on October 30 and $105.5 million on October 29.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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