PiCK

US spot Ethereum ETFs see $71.17 million in net outflows...10x the prior day

Source

Doohyun Hwang

Summary

Outflows from the US spot Ethereum ETF market widened more than tenfold from the previous day.
On the 2nd, US spot Ethereum ETFs posted total net outflows of $71.17 million, up roughly tenfold from $7.10 million on the 1st.
BlackRock ETHA saw $46.66 million, Grayscale ETHE $16.80 million, and Fidelity FETH $7.70 million in net outflows, while the other seven ETFs were unchanged.

Forecast Trend Report by Period

Outflows from the US spot Ethereum ETF market widened more than tenfold from the previous day.

According to data from SosoValue on the 2nd (local time), US spot Ethereum ETFs posted total net outflows of $71.17 million on the day. This compares with $7.10 million on the 1st, marking roughly a tenfold increase in the scale of outflows.

By fund, BlackRock’s iShares Ethereum Trust (ETHA) recorded the largest outflow at $46.66 million. It was followed by Grayscale’s Ethereum Trust (ETHE) with $16.80 million, and Fidelity’s Fidelity Ethereum Fund (FETH) with $7.70 million in net outflows, respectively. The remaining seven ETFs, including Bitwise (ETHW) and VanEck (ETHV), saw no net inflows or outflows.

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