PiCK

U.S. Ethereum ETF: $9.63 million net outflow on previous day…fourth consecutive trading day

Source
Suehyeon Lee

Summary

  • TraderT reported that U.S. Ethereum (ETH) spot exchange-traded funds (ETF) experienced a net outflow of $9.63 million on the previous day.
  • It said U.S. Ethereum ETF recorded net outflows for four consecutive trading days.
  • $13.28 million was withdrawn from BlackRock ETHA, while $3.65 million flowed into Fidelity FETH.
Photo=TraderT
Photo=TraderT

A slight net outflow of funds appeared in U.S. Ethereum (ETH) spot exchange-traded funds (ETFs) on the previous day.

On the 30th (local time), TraderT reported that U.S. Ethereum spot ETFs saw a total net outflow of $9.63 million (about 13.8 billion won) on the previous day. This marks four consecutive trading days of net inflows.

Specifically, $13.28 million flowed out of BlackRock ETHA, leading the net outflow. By contrast, $3.65 million flowed into Fidelity FETH, which served as a partial buffer. The other products saw no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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