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