PiCK

U.S. spot Ethereum ETFs, $75.44 million net outflow... large departures from BlackRock

Doohyun Hwang

Summary

It reported that spot Ethereum ETFs trading in the United States recorded a net outflow of $75.44 million as of the 19th.
The entire net outflow occurred from BlackRock's 'iShares Ethereum Trust (ETHA).'
Reported that the other eight products showed a calm trend with no fund inflows or outflows.

Spot Ethereum ETFs trading in the United States recorded net outflows on the 19th (local time).

According to data from TraderT that day, approximately $75.44 million in funds were recorded as net outflows from the U.S. spot Ethereum exchange-traded fund (ETF) market.

The outflows were led by BlackRock's 'iShares Ethereum Trust (ETHA),' the market share leader. The entire net outflow of $75.44 million that day came out of ETHA.

Meanwhile, the other eight products continued a calm trend with no fund inflows or outflows. Fidelity (FETH), Bitwise (ETHW), 21Shares (CETH), Invesco (QETH), Franklin Templeton (EZET), VanEck (ETHV), as well as Grayscale's ETHE and Mini Trust (ETH) all remained flat.

ETH