U.S. Ethereum spot ETFs record net outflows for two consecutive trading days

Source
Doohyun Hwang

Summary

  • The U.S. Ethereum spot ETF market was reported to have recorded net outflows for two consecutive trading days.
  • BlackRock's ETHA had a net inflow of $23.21 million, while Fidelity's FETH and Grayscale's ETHE and Mini ETH recorded net outflows of $6.14 million, $14.41 million, and $22.10 million, respectively.
  • It was reported that the other Ethereum ETFs, including Bitwise, 21Shares, Invesco, Franklin, and VanEck, experienced no net flows.

The U.S. Ethereum (ETH) spot exchange-traded fund (ETF) market recorded net outflows for two consecutive trading days.

On the 12th (local time), according to data from TraderT, total net outflows from U.S. Ethereum spot ETFs amounted to $19.44 million.

BlackRock's ETHA recorded a net inflow of $23.21 million that day. By contrast, Fidelity's FETH saw $6.14 million leave, Grayscale's ETHE recorded net outflows of $14.41 million, and Grayscale's Mini ETH also saw $22.10 million exit.

The remaining Ethereum ETFs, including Bitwise (ETHW), 21Shares (CETH), Invesco (QETH), Franklin (EZET), and VanEck (ETHV), experienced no net flows.

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Doohyun Hwang

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