Ethereum Spot ETF Sees $45 Million Net Inflow in October, Driven by ETHA’s $198 Million Surge

On November 1, COINOTAG reported significant movements in the Ethereum market for October, as evidenced by data from Trader T. During this period, the US Ethereum spot ETFs witnessed a remarkable net inflow of $45 million. Specifically, the ETHA ETF attracted an inflow of $198 million and currently maintains a robust position with 466,275 ETH under management. Moreover, the FETH ETF recorded an inflow of $31 million. In contrast, the ETHE ETF experienced significant outflows, totaling $207 million. These movements reflect a dynamic shift in investor sentiment towards Ethereum, showcasing a preference for specific ETFs amidst a volatile crypto landscape.