Editor's PiCK

U.S. Spot Ethereum ETFs See $179.66 Million Net Outflow in One Day… Majority from BlackRock

Source
Suehyeon Lee

Summary

  • U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) saw net outflows of $179.66 million in a single day.
  • BlackRock's ETHA product alone saw $175.03 million leave, accounting for the majority of the total net outflow.
  • Grayscale's ETHE also saw $4.63 million exit, and the remaining products showed no net inflows or outflows.
Photo=TraderT
Photo=TraderT

More than $100 million flowed out net from U.S. spot Ethereum (ETH) exchange-traded funds (ETF) on the previous day.

On the 15th (local time), according to TraderT data, U.S. spot Ethereum ETFs recorded a total net outflow of $179.66 million (about 261.4 billion won) on the previous day. This marks the fourth consecutive trading day of net outflows.

On that day, $175.03 million left BlackRock's ETHA alone, accounting for the majority of the total net outflow. Grayscale's ETHE also saw $4.63 million exit. The other products had no net inflows or outflows.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?