PiCK
U.S. Ethereum spot ETFs, $79.13 million net outflow the previous day…Funds exit centered on Grayscale
Suehyeon Lee
Summary
- It reported net outflows of $79.13 million from U.S. Ethereum (ETH) spot exchange-traded funds (ETFs).
- In particular, Grayscale's ETHE saw $49.79 million exit, expanding the overall outflows.
- Meanwhile, BlackRock's ETHA recorded net inflows for 5 consecutive trading days.
U.S. Ethereum (ETH) spot exchange-traded funds (ETFs) recorded net outflows of over $79 million, continuing a weak trend.
On the 2nd (local time), according to TraderT, total net outflows from Ethereum spot ETFs the previous day amounted to $79.13 million. That is about KRW 116 billion.
That day, BlackRock's ETHA had net inflows of $26.59 million, marking 5 trading days of consecutive inflows, but Fidelity's FETH saw $31.62 million withdrawn, and VanEck's ETHV also had net outflows of $4.03 million.
In particular, $49.79 million exited Grayscale's ETHE alone, and $20.28 million also left the Mini ETF (ETH), significantly increasing the total net outflows. The remaining products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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