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US spot Ethereum ETFs see $16.42 million in net outflows…four straight sessions

Source
Suehyeon Lee

Summary

  • The US spot Ethereum ETF market recorded total net outflows of $16.42 million, extending the net-outflow trend to four consecutive trading sessions.
  • Outflows were largely driven by BlackRock’s ETHA, which posted $15.94 million in net outflows, while Fidelity’s FETH recorded $1.62 million in net outflows.
  • Only BlackRock’s staking ETF ETHB saw net inflows of $1.13 million, while the remaining products had no net inflows or outflows.

Forecast Trend Report by Period

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Photo=Trader T
Photo=Trader T

Net outflows were recorded in the US spot Ethereum ETF market.

According to Trader T on the 23rd (local time), spot Ethereum ETFs posted total net outflows of $16.42 million (about KRW 24.6 billion) on the day. This marked net outflows for four consecutive trading sessions.

The outflows were led by BlackRock’s ETHA. ETHA recorded $15.94 million in net outflows, accounting for most of the total. Fidelity’s FETH also saw $1.62 million in net outflows.

Meanwhile, BlackRock’s staking ETF, ETHB, recorded $1.13 million in net inflows, indicating some incoming funds. The remaining products saw no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

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