Editor's PiCK

U.S. spot Ethereum ETF sees $182.7 million net outflow the previous day… five consecutive trading days of outflows

Source
Suehyeon Lee

Summary

  • Reported that U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) experienced a $182.7 million net outflow.
  • Said that the net outflow has continued for five consecutive trading days.
  • Noted that there were large fund outflows from BlackRock ETHA and Fidelity FETH, while Grayscale ETHE and Mini (ETH) saw some net fund inflows.
Photo=Paside Investor
Photo=Paside Investor

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) saw more than $100 million in net outflows the previous day.

On the 18th (local time), according to Paside Investor, U.S. spot Ethereum ETFs had a total net outflow of $182.7 million (about 267.7 billion won) the previous day. This marks five consecutive trading days of net outflows.

On that day, only BlackRock ETHA saw $193 million flow out, and Fidelity FETH saw $3 million leave. Meanwhile, Grayscale ETHE had $2.5 million, and Grayscale Mini (ETH) had $10.8 million in net inflows, respectively. There were no net inflows or outflows for the remaining products.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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