US Spot Ether ETFs See $87.72 Million in Net Outflows, Extending Losing Streak to Three Days
Suehyeon Lee
Summary
- US spot Ether (ETH) ETFs recorded net outflows of $87.72 million, marking a third straight trading day of withdrawals.
- By issuer, Fidelity's FETH saw $48.37 million in outflows, while BlackRock's ETHA lost $37.06 million, accounting for most of the funds that left.
- BlackRock's staking product ETHB also posted net outflows of $2.3 million, while the remaining ETFs showed no notable inflows or outflows.
Forecast Trend Report by Period
US spot Ether exchange-traded funds recorded net outflows, extending their streak of withdrawals.
According to Trader T data, the funds posted net outflows totaling $87.72 million on April 29. It was the third straight trading day of net withdrawals.
Fidelity's FETH led the outflows with $48.37 million withdrawn, followed by BlackRock's ETHA with $37.06 million. Those products accounted for most of the money leaving the category. BlackRock's staking product ETHB also posted net outflows of $2.3 million.
The remaining ETFs saw no notable inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Today’s Key Economic and Crypto Events] Fed Rate Decision, US Jobless Claims on Tap](https://media.bloomingbit.io/static/news/brief.webp?w=250)
