US Spot Ethereum ETFs Reverse to $29.35 Million in Net Outflows
Summary
- US spot Ethereum ETFs turned to net outflows after two straight trading days of net inflows.
- US spot Ethereum ETFs posted total net outflows of $29.35 million.
- Major products including Grayscale Mini ETH, BlackRock ETHA, and Fidelity FETH posted outflows.
Forecast Trend Report by Period
US spot Ethereum exchange-traded funds swung back to net outflows on June 17.
Data compiled by Trader T showed US spot Ethereum ETFs recorded combined net outflows of $29.35 million that day, reversing course after two consecutive trading sessions of net inflows.
The biggest outflow came from Grayscale Mini ETH, which lost $9.89 million. BlackRock's ETHA posted net outflows of $8.97 million, while Fidelity's FETH saw $4.34 million leave the fund.
Outflows also hit 21Shares' TETH at $2.79 million, Grayscale's ETHE at $2.24 million, VanEck's ETHV at $640,000 and Bitwise's ETHW at $500,000.
By contrast, ETHB, BlackRock's staking ETF, recorded a modest net inflow of $20,000. The remaining products were unchanged on a net-flow basis.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
