PiCK
US Spot Ether ETFs See $50.4 Million Net Outflow, Reversing From Prior Day's Inflow
Suehyeon Lee
Summary
- U.S. spot Ether ETFs posted total net outflows of $50.4 million in one day.
- Fidelity FETH recorded $48.4 million in net outflows, while BlackRock ETHA saw $13.8 million leave the fund.
- BlackRock's staking product ETHB posted $11.8 million in net inflows, while the remaining products recorded no net flows.
Forecast Trend Report by Period
U.S. spot Ether exchange-traded funds posted net outflows of about $50 million in a single day.
Data from Farside Investors showed the funds recorded total net outflows of $50.4 million on April 27, reversing back to net outflows after one day of net inflows.
Fidelity's FETH posted the largest net outflow at $48.4 million. BlackRock's ETHA also recorded net outflows of $13.8 million.
Some products still saw limited inflows. BlackRock's staking product ETHB posted net inflows of $11.8 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
