US spot Ethereum ETFs see net outflows of $130.51 million
Doohyun Hwang
Summary
- Heavy outflows from the US spot Ethereum ETF market were reported to have continued for a second straight session.
- Total daily net outflows on the 19th were tallied at $130.51 million, with $97.11 million leaving BlackRock’s ETHA.
- Ethereum was reported to be trading around $1,950, down about 1%, on Binance’s Tether (USDT) market.
Heavy fund outflows from the US spot Ethereum exchange-traded fund (ETF) market extended into a second consecutive session.
According to data from TraderT, total daily net outflows from spot Ethereum ETFs on the 19th (local time) came to $130.51 million.
By product, BlackRock’s ETHA posted the largest outflow, with $97.11 million leaving the fund. Fidelity’s FETH saw $11.62 million in net outflows, Grayscale Mini ETH $18.44 million, and Bitwise’s ETHW $3.34 million.
Meanwhile, 21Shares (CETH), Invesco (QETH), Franklin (EZET), VanEck (ETHV) and Grayscale (ETHE) recorded no inflows or outflows.
On the day, Ethereum was trading around $1,950 on Binance’s Tether (USDT) market, down about 1% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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