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US Spot Ether ETFs See $40.83 Million in Net Outflows as Grayscale Leads Withdrawals

Source
Suehyeon Lee

Summary

  • US spot Ether ETFs switched to net outflows after three trading days.
  • Combined net outflows from US spot Ether ETFs totaled $40.83 million.
  • Grayscale ETHE, Grayscale Mini ETH, and BlackRock ETHA posted net outflows, while BlackRock staking Ether ETF ETHB recorded a slight net inflow.

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Photo: Trader T
Photo: Trader T

US spot Ether exchange-traded funds swung to net outflows after three trading days.

Data from Trader T showed the funds recorded combined net outflows of $40.83 million on June 9.

Most of the withdrawals came from Grayscale products. Grayscale's ETHE posted net outflows of $17.42 million, while Grayscale Mini ETH saw $14.96 million leave the fund.

BlackRock's ETHA also logged net outflows of $8.47 million. By contrast, BlackRock's staking Ether ETF, ETHB, posted net inflows of $20,000, making it the only product to record a positive flow. The remaining funds saw no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

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