According to @FarsideUK, Fidelity’s US spot Ethereum ETF recorded a daily net outflow of $14.2 million on Nov 14, 2025, based on Farside Investors’ ETH ETF flow tracker, source: https://twitter.com/FarsideUK/status/1989144624317771840 and https://farside.co.uk/eth/. This confirms net redemptions from the Fidelity Ethereum fund for the day as reported by Farside Investors, source: https://farside.co.uk/eth/.

According to @QCPgroup, BTC spot ETFs recorded six consecutive sessions of net outflows totaling about $1.2 billion. According to @QCPgroup, entities such as BitMine continued to accumulate ETH, lifting holdings to roughly $7 billion. According to @QCPgroup, these flows highlight a clear divergence between BTC and ETH.