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U.S. spot Ethereum ETFs saw about 57.2 billion won net outflows the previous day…seven consecutive trading days of outflows

Minseung Kang

Summary

It reported that spot Ethereum (ETH) ETFs have had net outflows for seven consecutive trading days.
It stated that $26.14 million left BlackRock ETHA and $15.69 million left Grayscale ETHE as capital outflows.
Only Invesco QETH had a $2.93 million net inflow, while other ETFs such as Fidelity showed no change.

Spot Ethereum (ETH) exchange-traded funds (ETFs) experienced net outflows for seven consecutive trading days.

On the 20th (local time), according to crypto-focused account TraderT, a total of $38.9 million flowed out of Ethereum ETFs that day. BlackRock ETHA saw $26.14 million leave, and Grayscale ETHE recorded $15.69 million in net outflows.

Meanwhile, Invesco QETH recorded a $2.93 million net inflow. Fidelity (FETH), Bitwise (ETHW), 21Shares (CETH), Franklin (EZET), VanEck (ETHV), and Grayscale Mini (ETH) showed no change.

ETH

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

PiCK

U.S. spot Ethereum ETFs saw about 57.2 billion won net outflows the previous day…seven consecutive trading days of outflows

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