US spot Ethereum ETFs see $250 million in net outflows

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).