US Spot Ether ETFs Post $121.32 Million Outflow, Extending Streak to 13 Sessions
Summary
- U.S. spot Ether (ETH) ETFs recorded net outflows of $121.32 million in a single day.
- Major products including BlackRock’s iShares Ethereum Trust (ETHA) continued to see large fund outflows.
- The market is focused on whether institutional demand is weakening across digital-asset investment products overall.
Forecast Trend Report by Period
U.S. spot Ether exchange-traded funds recorded net outflows of $121.32 million in a single day.
Trader T wrote on X on May 29 that U.S. spot Ether ETFs saw total net outflows of $121.32 million on May 28.
BlackRock’s iShares Ethereum Trust (ETHA) led the declines with $80.39 million in outflows. Grayscale Ethereum Trust (ETHE) posted net outflows of $21.36 million, while Fidelity Ethereum Fund (FETH) saw $15.08 million leave.
Grayscale Ethereum Mini Trust (ETH) recorded net outflows of $7.65 million. By contrast, BlackRock’s staked Ether product (ETHB) posted net inflows of $3.16 million.
As outflows from spot Ether ETFs continue, the market is focused on whether institutional demand is weakening across digital-asset investment products more broadly.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
