US Spot Ether ETFs Rebound with $4.4M Inflow Following Three-Week $1.1B Outflow

U.S. spot Ether ETFs snapped heavy redemptions with a modest net inflow of $4.4 million on October 23, led by $3.6 million into Fidelity's FETH. The rebound followed an intense wave of liquidations, with funds shedding roughly $1.1 billion over three weeks, including $110.6 million on October 22 alone. BlackRock's ETHA drove the vast majority of selling, shedding about $1.01 billion across the three-week retreat. The persistent outflows have weighed heavily on Ether's price, dragging it down 11.5% in October to around $2,332.98.