Ethereum spot ETFs posted a net outflow of $99.9677 million
SoSoValue data shows that on November 5, US Eastern Time, Ethereum spot ETFs recorded total net outflows of USD 99.9677 million, with BlackRock's ETHA topping the list at USD 75.2030 million, while ETHB saw net outflows of USD 21.9878 million. As of press time, total net asset value stood at USD 13.039 billion, the net asset ratio was 4.74%, and cumulative historical net inflows were USD 12.016 billion.
Event Timeline
- [11-06 05:01] Ethereum spot ETFs saw net outflows of USD 99.9677 million yesterday (Odaily 星球日报)
- [11-06 05:02] Ethereum spot ETFs saw total net outflows of USD 99.9677 million yesterday, with BlackRock's ETHA leading with net outflows of USD 75.2030 million (PANews)
Background and Impact
On November 6, 2026, Odaily 星球日报 (05:01) and PANews (05:02) reported successively, citing SoSoValue data, that Ethereum spot ETFs recorded total net outflows of USD 99.9677 million on November 5, US Eastern Time. The two sources are consistent in their statements on the total net outflow amount, the statistical date, and the data source.
In terms of product structure, the day's net outflows were concentrated in two products under BlackRock. According to both sources, BlackRock's ETF ETHA recorded single-day net outflows of USD 75.2030 million, the largest net outflow among Ethereum spot ETFs that day, and its total historical net inflows now stand at USD 11.614 billion; BlackRock's Staked ETH ETF ETHB recorded single-day net outflows of USD 21.9878 million, which PANews ranked as the second-largest outflow of the day, and the product's total historical net inflows stand at USD 784 million. Odaily 星球日报 and PANews state the same figures for these two amounts and the historical cumulative data, with no numerical discrepancies.
On scale metrics, as of press time, the total net asset value of Ethereum spot ETFs was USD 13.039 billion, the ETF net asset ratio (market value as a share of Ethereum's total market value) was 4.74%, and cumulative historical net inflows reached USD 12.016 billion. This means that despite the single-day net outflow of USD 99.9677 million on November 5, the products' cumulative net inflows since listing remain positive and above USD 12 billion. Neither source disclosed the specific creation and redemption data for other Ethereum spot ETF issuers that day, so the complete distribution of this outflow across products remains unclear.
At the interpretive level, the confirmable fact is that this single-day net outflow was mainly contributed by two BlackRock products, with the outflow from the spot ETF ETHA significantly larger than that from the staking product ETHB. Single-day creation and redemption data is typically used by the market to observe short-term capital flows, but given the lack of data for other issuers that day, it cannot yet be determined whether this was an industry-wide capital withdrawal or a product rotation concentrated in a single issuer. Nodes to track going forward include SoSoValue's updated creation and redemption data for the next trading day, as well as changes in holdings and net asset value disclosed by each issuer. For daily tracking of such capital flow and market data, market participants often consult relevant pages through data platforms such as SoSoValue, as well as through platform clients such as 火币HTX注册APP下载, 芝麻Gate.io注册APP下载, Bitget注册APP下载, 币安binance注册APP下载, and 欧易OKX注册APP下载.
Frequently Asked Questions
### Does this net outflow only involve BlackRock's products?
The available material only discloses single-day data for two BlackRock products, ETHA and ETHB, at USD 75.2030 million and USD 21.9878 million respectively, and does not provide the creation and redemption situation for other issuers that day, so the product distribution of the total outflow cannot be determined.
### Will the single-day outflow change the cumulative net inflows of Ethereum spot ETFs?
According to the two sources, as of press time the cumulative historical net inflows of Ethereum spot ETFs remain USD 12.016 billion, with total net asset value of USD 13.039 billion; the single-day outflow of USD 99.9677 million has not yet changed the picture of positive cumulative net inflows.
### Which data nodes should be watched next?
Watch SoSoValue's updated creation and redemption data for Ethereum spot ETFs for the next trading day (November 6, US Eastern Time), as well as changes in holdings, total net asset value, and net asset ratio disclosed by each issuer.