US Spot Ether ETFs See $35.1 Million in Net Outflows, Extending Streak to 11 Sessions
Suehyeon Lee
Summary
- U.S. spot Ether (ETH) ETFs recorded net outflows for an 11th straight trading day.
- The U.S. spot Ether ETF market posted total net outflows of $35.1 million on May 27.
- Net outflows were recorded from Fidelity’s FETH, Grayscale’s ETHE, Grayscale Mini Ethereum ETF, and BlackRock’s ETHA.
Forecast Trend Report by Period
U.S. spot Ether exchange-traded funds extended their run of net outflows.
The funds posted combined net outflows of $35.1 million on May 27, according to Farside Investors. That marked the 11th consecutive trading day of net redemptions.
Fidelity’s FETH led the declines, with $17 million leaving the fund in a single day.
Grayscale’s ETHE posted net outflows of $7.9 million, while Grayscale Mini Ethereum ETF saw $8.3 million leave the fund. BlackRock’s ETHA recorded net outflows of $1.9 million. The remaining products saw no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
