US Spot Ether ETFs See Net Outflows for a Third Straight Trading Day
Summary
- The US spot Ether ETF market posted net outflows for three straight trading days from June 9 through June 11.
- On June 11, the group recorded $15.89 million in net outflows for the day, including $20.53 million that left Fidelity's FETH.
- BlackRock's ETHA alone posted $8.63 million in net inflows, while the other seven products recorded no flows.
Forecast Trend Report by Period
US spot Ether exchange-traded funds posted net outflows for a third consecutive trading day.
Data from SoSoValue showed US-listed spot Ether ETFs recorded combined net outflows of $15.89 million on June 11. The streak began with $40.85 million in net outflows on June 9, followed by $35.59 million on June 10.
Fidelity's FETH led the withdrawals, with $20.53 million leaving the fund in a single day. Grayscale's ETH also posted net outflows of $3.99 million.
BlackRock's ETHA was the only product to attract money, taking in net inflows of $8.63 million on the day. The other seven funds -- including BlackRock's ETHB, Bitwise's ETHW, VanEck's ETHV, Franklin Templeton's EZET, Invesco's QETH and 21Shares' TETH -- recorded no flows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
