US spot Ether ETFs see $8 million net outflow…driven by BlackRock fund withdrawals

Source
YM Lee

Summary

  • It reported that US spot Ether ETFs recorded a total net outflow of $8 million on the 25th.
  • It reported that $33 million exited BlackRock’s ETHA, leading the broader outflow trend.
  • It said inflows were seen in Fidelity’s FETH ($24 million) and BlackRock’s staking ETF ETHB ($1 million).

Forecast Trend Report by Period

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Photo=Trader T
Photo=Trader T

Outflows continued in the US spot Ether ETF market.

According to data compiled by Trader T, spot Ether ETFs posted a total net outflow of $8 million on the 25th (local time).

BlackRock’s ETHA led the overall outflow trend, with $33 million exiting the fund.

By contrast, Fidelity’s FETH saw $24 million in inflows, showing some fresh demand. BlackRock’s staking ETF ETHB also recorded a net inflow of $1 million.

There were no meaningful flow moves in Bitwise’s ETHW, 21Shares’ TETH, Invesco’s QETH, Franklin’s EZET, VanEck’s ETHV, Grayscale’s ETHE and its Mini ETF, among others.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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