US Spot Ether ETFs See $16.85 Million in Daily Outflows as Grayscale Leads Withdrawals
Suehyeon Lee
Summary
- US spot Ether (ETH) ETFs posted total net outflows of $16.85 million on May 11.
- Grayscale's ETHE saw $7.59 million in outflows, while Grayscale Mini ETH lost $5.55 million, leading the broader withdrawals.
- Fidelity's FETH and BlackRock's ETHB recorded net outflows of $4.66 million and $1.17 million, respectively, while BlackRock's ETHA posted net inflows of $2.12 million.
Forecast Trend Report by Period
US spot Ether exchange-traded funds posted net outflows on May 11, with a total of $16.85 million leaving the products, according to Trader T.
Grayscale's ETHE led the outflows at $7.59 million, followed by Grayscale Mini ETH at $5.55 million. Fidelity's FETH recorded net outflows of $4.66 million, while BlackRock's ETHB saw $1.17 million leave the fund.
BlackRock's ETHA was the only product to post net inflows, adding $2.12 million. The remaining funds were unchanged.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
