Ether ETF Outflows Hit $93M as ETHA Leads Second Day

US spot Ether ETF outflows hit about $93.19 million on November 6. That extends redemptions to a second straight session after nearly $100 million in exits on November 5. SoSoValue supplied the flow figures. BlackRock's ETHA accounted for almost all of Friday's withdrawals. Two days of selling leave US spot Ether products under clear pressure.

BlackRock ETHA Drove Almost All Ether ETF Outflows

BlackRock's iShares Ethereum Trust (ETHA) recorded about $90.8 million in net outflows on November 6. That single product supplied nearly the entire category print. ETHA is the largest Ether fund, so its redemptions can swing the daily total.

Not every BlackRock Ether product sold. The firm's Ether staked product, ETHB, took in about $1.15 million. Those creations offset only a thin slice of ETHA's exits. Other funds also weighed on the category net, so ETHB inflows could not flip the session positive.

RootData put Friday's Ether ETF withdrawals near $93.3 million. The two trackers differ by a small amount. Both still show the same story: heavy net redemptions led by ETHA.

The print continues nearly $100 million in Ether fund redemptions on November 5. Two sessions do not lock in a longer downturn. Daily crypto ETFs flows can flip quickly when large products dominate the tape.

Bitcoin ETFs Lost About $412M the Same Session

US spot Bitcoin ETFs posted about $412 million in net outflows on November 6. That is more than four times the Ether category's daily withdrawal. Bitcoin products faced heavier selling than Ether funds on the same day.

Fidelity's Wise Origin Bitcoin Fund (FBTC) still recorded about $42.82 million in net inflows. Those creations could not offset redemptions across the rest of the Bitcoin ETF group. Demand stayed uneven across products. Both major crypto ETF categories still finished negative.

ETF flows show how traditional investors adjust crypto exposure through regulated funds. Friday's figures do not state why investors redeemed. Profit-taking, portfolio rebalancing, or broader market caution are all possible. The available data only confirms the size and concentration of the exits.

For now, Ether ETFs have posted two straight days of net outflows. Bitcoin ETFs also saw large withdrawals on November 6. The next sessions will show whether ETHA redemptions keep capping Ether products. They will also show whether Bitcoin funds keep selling after Friday's $412 million print.