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US spot Ethereum ETF sees $43.6 million in net outflows in a day…BlackRock’s ETHA accounts for all withdrawals

Source
Suehyeon Lee

Summary

  • US spot Ethereum (ETH) exchange-traded funds (ETFs) recorded net outflows of $43.6 million in a single day.
  • Net outflows from Ethereum ETFs totaled $43.6 million (about KRW 62.9 billion), ending a three-day streak of net inflows.
  • All $43.6 million in outflows came from BlackRock’s ETHA, while the other products saw no net inflows or outflows.

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Photo=Mehaniq/Shutterstock
Photo=Mehaniq/Shutterstock

US spot Ethereum (ETH) exchange-traded funds (ETFs) saw net outflows totaling $43.6 million in a single day.

According to TraderT on the 27th (local time), net outflows from Ethereum ETFs totaled $43.6 million (about KRW 62.9 billion) on the day. That brought to an end a streak of net inflows that had lasted for three consecutive trading days.

All $43.6 million exited BlackRock’s ETHA, while the other products saw no net inflows or outflows.

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Suehyeon Lee

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