Editor's PiCK

US spot Ethereum ETF sees $15.6 million net outflow in a day…outflows extend to a third straight session

Source
Suehyeon Lee

Summary

  • US spot Ethereum (ETH) ETFs have posted net outflows for three consecutive trading sessions.
  • On the 2nd, total net outflows from US spot Ethereum ETFs were estimated at about $15.58 million (about 2.25 billion won).
  • While BlackRock’s ETHA saw $82.84 million in outflows, Fidelity’s FETH, Bitwise’s ETHW, and VanEck’s ETHV each recorded net inflows.
Photo=Trader T
Photo=Trader T

US spot Ethereum (ETH) exchange-traded funds (ETFs) continued to post net outflows.

According to Trader T on the 2nd (local time), total net outflows from US spot Ethereum ETFs came to about $15.58 million (about 2.25 billion won) that day. This marked a third consecutive trading session of net outflows.

By issuer, BlackRock’s ETHA led the overall outflows with $82.84 million withdrawn. By contrast, Fidelity’s FETH saw $66.62 million in inflows, absorbing some of the funds. Bitwise’s ETHW also recorded a net inflow of $4.99 million, while VanEck’s ETHV posted a net inflow of $7.64 million. The remaining products saw no net flows.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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