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US spot Ethereum ETFs see $51.26 million net outflow in a day…BlackRock-driven exodus

Source
Suehyeon Lee

Summary

  • US spot Ethereum (ETH) ETFs recorded a $51.26 million net outflow in a single day.
  • BlackRock’s ETHA posted a $55.08 million net outflow, leading the overall withdrawals.
  • While Fidelity’s FETH saw a $16.22 million net inflow and 21Shares’ TETH took in $1.01 million, Grayscale’s ETHE recorded a $13.41 million net outflow.

Forecast Trend Report by Period

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Photo=TraderT
Photo=TraderT

US spot Ethereum (ETH) exchange-traded funds (ETFs) recorded net outflows of more than $50 million over a single day.

According to TraderT on the 9th (local time), US spot Ethereum ETFs posted total net outflows of $51.26 million (about KRW 75.7 billion) on the day. That marked a third consecutive trading session of net outflows.

By product, BlackRock’s ETHA led the withdrawals, shedding $55.08 million. Grayscale’s ETHE also saw net outflows of $13.41 million. By contrast, Fidelity’s FETH drew net inflows of $16.22 million, and 21Shares’ TETH took in $1.01 million. The remaining products saw no net flows.

Suehyeon Lee

Suehyeon Lee

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