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US Spot Ether ETFs Extend Net Outflow Streak to 12 Days With $67.1 Million Exit

Source
Suehyeon Lee

Summary

  • The U.S. spot Ether (ETH) ETF market has posted net outflows for 12 straight trading days.
  • U.S. spot Ether ETFs recorded total net outflows of $67.1 million the previous day.
  • BlackRock's ETHA saw $65.1 million in outflows, while Fidelity's FETH posted $2 million in withdrawals.

Forecast Trend Report by Period

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Photo: Farside Investors
Photo: Farside Investors

Net outflows continued in the U.S. spot Ether exchange-traded fund market.

Farside Investors data showed on May 28 that U.S. spot Ether ETFs posted combined net outflows of $67.1 million the previous day, marking a 12th straight trading day of withdrawals.

Most of the outflows came from BlackRock's ETHA, which recorded $65.1 million in net withdrawals. Fidelity's FETH also posted $2 million in outflows. The remaining products saw no net flows.

Suehyeon Lee

Suehyeon Lee

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