Editor's PiCK
U.S. spot Ethereum ETF turns to net outflows again after one day… US$48.1 million
Suehyeon Lee
Summary
- TraderT reported that the U.S. Ethereum (ETH) spot ETF turned to net outflows again after one day.
- In particular, it said Fidelity FETH had net outflows of US$72.23 million and Grayscale Mini ETF had US$11.42 million in net outflows.
- It said BlackRock ETHA and Invesco QETH recorded net inflows of US$32.96 million and US$2.59 million, respectively.
The U.S. spot Ethereum (ETH) exchange-traded fund (ETF) has returned to a net outflow trend.
On the 8th (local time), according to TraderT, U.S. spot Ethereum ETFs saw net outflows of US$48.1 million (about 70 billion won) the previous day. It turned back to net outflows just one day after returning to net inflows.
On that day, US$72.23 million flowed out of Fidelity's FETH alone, and the Grayscale Mini ETF also recorded net outflows of US$11.42 million. In contrast, BlackRock's ETHA saw net inflows of US$32.96 million, and Invesco's QETH received US$2.59 million. The remaining products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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