US Spot Ether ETFs See $52.91 Million in Net Outflows, Extending Streak to 17 Days
Suehyeon Lee
Summary
- US spot Ether ETFs posted net outflows of $52.91 million, extending their streak of withdrawals to 17 trading sessions.
- Most of the outflows were concentrated in BlackRock's ETHA, which saw $51.58 million in net outflows, while Fidelity's FETH posted $1.35 million in net outflows.
- By contrast, BlackRock's staking Ether ETF ETHB recorded net inflows of $20,000, while the remaining products posted no net flows.
Forecast Trend Report by Period
Outflows from US spot Ether exchange-traded funds continued on June 3.
US spot Ether ETFs posted net outflows of $52.91 million that day, marking a 17th straight trading session of withdrawals, according to Trader T data.
Most of the outflows were concentrated in BlackRock's ETHA, which saw $51.58 million leave the fund. Fidelity's FETH posted net outflows of $1.35 million.
By contrast, BlackRock's staking Ether ETF, ETHB, recorded net inflows of $20,000. The remaining products posted no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
