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U.S. Spot Ether ETFs Post $35.57 Million of Net Outflows for Second Straight Session

Source
Suehyeon Lee

Summary

  • U.S. spot Ether (ETH) ETFs recorded net outflows of about $35.57 million, extending the streak to a second straight trading day.
  • BlackRock’s ETHA saw $20.64 million in net outflows, while Fidelity’s FETH posted net outflows of $16.63 million.
  • By contrast, BlackRock’s staked Ether ETF ETHB drew inflows of $1.7 million, making it the only fund with positive flows.

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Photo: Trader T
Photo: Trader T

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

Trader T data showed the funds posted combined net outflows of $35.57 million in the previous session on June 10, marking a second straight trading day of redemptions.

The outflows were concentrated in BlackRock and Fidelity products. BlackRock’s ETHA recorded net outflows of $20.64 million, while Fidelity’s FETH posted net outflows of $16.63 million.

BlackRock’s staked Ether ETF, ETHB, was the only fund to record positive flows, attracting $1.7 million. 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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