U.S. spot Ethereum ETF sees $160 million net outflow...second straight session

Source

Doohyun Hwang

Summary

The report said that about $160 million flowed out of U.S. spot Ethereum ETFs in a single day.
It said BlackRock’s ETHA alone saw $108.42 million in outflows, making up most of the total net outflow of $159.94 million.
It added that further net outflows occurred in Grayscale’s ETHE, the Mini Trust ETH, Fidelity’s FETH, and VanEck’s ETHV, while some ETFs saw no changes in flows.

Forecast Trend Report by Period

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) saw roughly $160 million in funds exit in a single day.

According to data from TraderT on the 8th (local time), total net outflows across spot Ethereum ETFs amounted to $159.94 million. BlackRock’s ETHA alone recorded $108.42 million in outflows, accounting for the bulk of the total. Grayscale’s ETHE also posted $31.72 million in net outflows, while the Grayscale Mini Trust (ETH) likewise saw $12.90 million in funds leave.

Fidelity’s FETH and VanEck’s ETHV logged net outflows of $4.63 million and $2.27 million, respectively. By contrast, there were no flow changes in Bitwise (ETHW), 21Shares (CETH), Invesco (QETH), and Franklin (EZET).

ETH

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

U.S. spot Ethereum ETF sees $160 million net outflow...second straight session

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