US Spot Ether ETFs Post $90.15 Million in Net Outflows
Doohyun Hwang
Summary
- The US spot Ether ETF market posted $90.15 million in net outflows.
- Heavy net outflows continued from BlackRock’s ETHA and ETHB, as well as Grayscale’s ETH and ETHE.
- Fidelity’s FETH also recorded $15.63 million in net outflows, while five other products including Bitwise and VanEck posted no inflows or outflows.
Forecast Trend Report by Period
Outflows continued from the US spot Ether ETF market.
Data from SoSoValue showed that US spot Ether ETFs posted total net outflows of $90.15 million on June 2.
BlackRock’s ETHA led the withdrawals, with $44.27 million in net outflows for the day. BlackRock’s other Ether ETF, ETHB, also posted net outflows of $980,260.
Grayscale’s Mini Ethereum Trust, ETH, recorded $25.41 million in net outflows, while ETHE saw $3.87 million leave the fund. Fidelity’s FETH also posted $15.63 million in net outflows.
By contrast, products from the five other issuers — Bitwise’s ETHW, VanEck’s ETHV, Franklin’s EZET, Invesco’s QETH and 21Shares’ TETH — recorded no inflows or outflows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
