Editor's PiCK

US spot Ethereum ETF records $219.4 million net outflow

Source
Son Min

Summary

  • U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) recorded a $219.4 million net outflow.
  • This net outflow has continued for five consecutive trading days.
  • It reported that major ETFs from BlackRock, Fidelity, and Grayscale each saw outflows amounting to tens of millions of dollars in their key ETFs.
photo=ioda /Shutterstock
photo=ioda /Shutterstock

On the previous day, U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) recorded a net outflow of $219.4 million.

On the 5th (local time), according to Farside Investor, spot Ethereum ETFs saw $219.4 million flow out. It was the fifth consecutive trading day of net outflows.

Specifically, $111.1 million and $19.9 million flowed out from BlackRock's ETHA and Fidelity's FETH, respectively. Grayscale's ETHE and ETH also saw $19.8 million and $68.6 million flow out, respectively.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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