US Spot Ether ETFs See $75.94 Million in Net Outflows as Institutional Money Retreats
YM Lee
Summary
- US spot Ether ETFs recorded total net outflows of $75.94 million.
- Fidelity’s FETH saw $51.3 million leave the fund, while BlackRock’s ETHA posted $20.95 million in outflows.
- Grayscale’s ETHE recorded $10.9 million in outflows, while its Mini ETH product drew $19.76 million in inflows, though that was not enough to reverse the broader trend.
Forecast Trend Report by Period
US spot Ether exchange-traded funds recorded net outflows as redemptions spread across major asset managers.
Data compiled by Trader T on April 23 showed $75.94 million in net outflows from US spot Ether ETFs.
Fidelity’s FETH posted the biggest outflow, with $51.3 million leaving the fund. BlackRock’s ETHA lost $20.95 million. 21Shares’ TETH saw net outflows of $9.24 million, while Bitwise’s ETHW posted $3.31 million in net outflows.
Grayscale’s ETHE also recorded $10.9 million in outflows. That was partly offset by $19.76 million of inflows into the firm’s Mini ETH product.
While some products drew limited inflows, they were not enough to reverse the broader outflow trend across the major ETFs.
YM Lee
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