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PiCK

US spot Ethereum ETFs see $250 million in net outflows

Source
Doohyun Hwang

Summary

  • Outflow momentum continues in US spot Ethereum ETFs.
  • On the 30th, US spot Ethereum ETFs posted $252.87 million in net outflows in a single day.
  • BlackRock’s ETHA saw $157.16 million and Fidelity’s FETH $95.71 million in net outflows.

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Photo=Ethereum
Photo=Ethereum

Outflow momentum continues in US spot Ethereum exchange-traded funds (ETFs).

According to Sosovalue on the 30th (local time), spot Ethereum ETFs listed on US exchanges posted net outflows of $252.87 million for the day. This marked a second consecutive day of withdrawals following the previous session.

BlackRock’s ETHA accounted for the largest share, with $157.16 million in net outflows, while Fidelity’s FETH saw $95.71 million leave the fund. By contrast, no inflows or outflows were recorded in the remaining ETFs, including Grayscale’s ETHE and ETH, Bitwise (ETHW) and VanEck (ETHV).

#ETF
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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