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US Spot Ether ETFs See $44.37 Million of Net Outflows, Extending Streak to 15 Trading Days

Source
Suehyeon Lee

Summary

  • U.S. spot Ether (ETH) ETFs extended their outflow streak to 15 consecutive trading days.
  • U.S. spot Ether ETFs posted net outflows of $44.37 million.
  • BlackRock’s ETHA and Fidelity’s FETH led the outflows, while BlackRock’s staking ETF ETHB recorded net inflows of $70,000.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

U.S. spot Ether exchange-traded funds extended their stretch of outflows.

Trader T data showed that U.S. spot Ether ETFs posted combined net outflows of $44.37 million on June 1, marking a 15th straight trading day of withdrawals.

BlackRock’s ETHA led the outflows, with $34.97 million leaving the fund in a single day. Fidelity’s FETH followed with net outflows of $9.47 million.

By contrast, BlackRock’s staking ETF ETHB recorded net inflows of $70,000. The remaining products saw no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

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