U.S. spot Ethereum ETFs net outflows of 41.57 million dollars

Doohyun Hwang

Summary

It reported that U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) experienced net outflows of 41.57 million dollars.
In particular, it said large outflows of 30.96 million dollars and 17.92 million dollars occurred from Grayscale's 'ETHE' and Fidelity's 'FETH', respectively.
Meanwhile, BlackRock's 'ETHA' was confirmed to have net inflows of 28.35 million dollars.

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) experienced net outflows of 41.57 million dollars on the 4th (local time). In particular, a large outflow from Grayscale's flagship product 'ETHE' led the overall flow.

According to Soso Value's data, the ETF with the largest net outflows that day was 'ETHE', which saw 30.96 million dollars withdrawn in one day. Fidelity's 'FETH' also saw 17.92 million dollars leave.

Meanwhile, BlackRock's 'ETHA' recorded net inflows of 28.35 million dollars, making it the only major ETF to show inflows. Grayscale's 'ETH' also recorded inflows of 21.04 million dollars.

ETH