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U.S. spot Ethereum ETF sees $93.82 million in net outflows...third consecutive trading day

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Doohyun Hwang
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Summary

  • The U.S. spot Ethereum (ETH) ETF market recorded net outflows for a third consecutive trading day.
  • On the 9th, a total of $93.82 million flowed out of all U.S. spot Ethereum ETFs.
  • Net outflows totaled $83.78 million from BlackRock’s ETHA and $10.04 million from Grayscale’s ETHE.
Photo=Shutterstock
Photo=Shutterstock

The U.S. spot Ethereum (ETH) ETF market posted net outflows for a third straight trading day.

According to data from SoSoValue on the 9th (local time), a total of $93.82 million flowed out of all spot Ethereum ETFs traded in the United States on the day.

BlackRock’s 'ETHA' recorded $83.78 million in net outflows over the day, accounting for about 90% of total net outflows. Grayscale’s 'ETHE' also saw $10.04 million leave the fund, adding to the selling pressure.

The remaining seven spot ETFs managed by other issuers—including Fidelity (FETH), Bitwise (ETHW), and VanEck (ETHV)—saw no net inflows or outflows on the day.

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Doohyun Hwang

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