US spot Ether ETFs extended redemptions to a second session, with about $93M in net outflows led by BlackRock's ETHA at roughly $91M. The same-day $412M Bitcoin ETF outflows reinforce negative sentiment across major crypto assets, signaling weaker institutional demand and near-term pressure on ETH liquidity and positioning.
AI Insight · ETH/USDTAI Insight
▼ Bearish
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US spot Ether ETFs recorded about $93.19 million in net outflows on November 6. BlackRock's ETHA accounted for about $90.8 million of that total.