US Spot Ether ETFs See $62.27 Million Outflow, Extending Streak to Seven Sessions
Suehyeon Lee
Summary
- The U.S. spot Ether ETF market recorded $62.27 million in net outflows in a single day, extending its streak of withdrawals to seven straight trading sessions.
- BlackRock's ETHA led the losses with about $59.37 million in outflows, while Fidelity's FETH posted about $3.68 million in net outflows.
- Bitwise's ETHW saw about $760,000 in net inflows, while BlackRock's staking product ETHB recorded $20,000 in net inflows.
Forecast Trend Report by Period
U.S. spot Ether exchange-traded funds recorded more than $62 million in net outflows in a single day.
Trader T data showed U.S. spot Ether ETFs posted total net outflows of $62.27 million on May 19. The withdrawals extended the streak of net outflows to seven straight trading sessions.
BlackRock's ETHA led the outflows, shedding about $59.37 million on the day. Fidelity's FETH also posted net outflows of about $3.68 million.
By contrast, Bitwise's ETHW recorded net inflows of about $760,000, while BlackRock's staking product ETHB saw net inflows of $20,000. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
