US Spot Ether ETFs Post $21.8 Million in Net Outflows for Second Straight Session

Source
Suehyeon Lee

Summary

  • US spot Ether (ETH) ETFs recorded more than $20 million in net outflows in a single day.
  • On April 28, US spot Ether ETFs posted total net outflows of $21.8 million, marking a second straight trading day of net outflows.
  • BlackRock ETHA, Grayscale ETHE, and Fidelity FETH recorded net outflows of $13.17 million, $6.91 million, and $1.72 million, respectively.

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Photo: Trader T
Photo: Trader T

US spot Ether exchange-traded funds saw more than $20 million leave the products in a single day.

US spot Ether ETFs recorded $21.8 million of net outflows on April 28, according to Trader T. It was the second straight trading day of net outflows.

The withdrawals came from products managed by major issuers. BlackRock's ETHA posted the largest net outflow at $13.17 million, while Grayscale's ETHE lost $6.91 million. Fidelity's FETH also recorded net outflows of $1.72 million. The remaining funds saw no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

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