Summary
- U.S. spot Ethereum ETFs saw $63.85 million in net outflows in a single day, reflecting weaker investor sentiment.
- BlackRock’s ETHA posted $59.29 million and Grayscale’s ETHE $14.55 million in net outflows, leading the overall exodus of funds.
- The market expects Ethereum ETF flows to continue moving within a limited range for the time being.
U.S. spot Ethereum exchange-traded funds (ETFs) saw net outflows totaling $63.85 million in a single day. While a few products posted limited inflows, they were not enough to offset the broader pullback centered on large ETFs.
According to data compiled by TraderT on the 27th (local time), total net outflows across spot Ethereum ETFs came to $63.85 million. Outflows from BlackRock and Grayscale ETFs drove the overall trend.
BlackRock’s iShares Ethereum Trust (ETHA) recorded $59.29 million in net outflows. Grayscale Ethereum Trust (ETHE) also saw $14.55 million leave the fund. By contrast, Grayscale Mini Ethereum ETF (ETH) posted $9.99 million in net inflows, providing some support.
Fidelity (FETH), Bitwise (ETHW), 21Shares (CETH), Invesco (QETH), Franklin (EZET) and VanEck (ETHV) ETFs reported no inflows or outflows. Most products appeared to remain in wait-and-see mode.
The ETF flow data is seen as reflecting heightened volatility across the broader digital-asset market and weakening investor sentiment. With net outflows now extending from Bitcoin ETFs to Ethereum ETFs, analysts say institutional money is staying cautious in the near term.
Market watchers expect Ethereum ETF flows to remain rangebound until price direction becomes clearer.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
