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US Spot Ether ETFs See $84.14 Million in Outflows, Extending Streak to Six Sessions

Source
Suehyeon Lee

Summary

  • The US spot Ether (ETH) ETF market posted net outflows of $84.14 million in a single day.
  • The withdrawals marked a sixth straight trading day of net outflows, with BlackRock’s ETHA alone losing about $55.4 million in one day.
  • Fidelity’s FETH, Grayscale’s Mini ETH, ETHE, and BlackRock’s staking product ETHB also posted net outflows, while the remaining products saw no net flows.

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Photo: Trader T
Photo: Trader T

US spot Ether exchange-traded funds recorded net outflows of about $84.14 million in a single day.

Trader T data showed US spot Ether ETFs posted total net outflows of $84.14 million on May 18, marking a sixth straight trading session of net withdrawals.

BlackRock’s ETHA led the outflows, with about $55.4 million leaving the fund in one day.

Fidelity’s FETH posted net outflows of about $14.7 million, while Grayscale’s Mini ETH product saw about $10.08 million in withdrawals.

Grayscale’s ETHE also recorded about $3.96 million in outflows, and BlackRock’s staking product ETHB saw about $10,000 leave the fund. The remaining products posted no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

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