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US Spot Ether ETFs See $82.18 Million of Net Outflows, Extending Streak to Four Sessions

Source
Suehyeon Lee

Summary

  • The US spot Ether (ETH) ETF market recorded net outflows of $82.18 million, extending its streak of withdrawals to four straight trading sessions.
  • The latest outflows were driven by $86.07 million leaving BlackRock's ETHA, $1.53 million exiting ETHB, and $10.27 million flowing out of Grayscale Mini ETH.
  • By contrast, Fidelity's FETH drew $15.69 million of inflows, while the remaining products recorded no net flows.

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Photo: Trader T
Photo: Trader T

US spot Ether exchange-traded funds extended their net outflow streak to four consecutive trading sessions.

Data compiled by Trader T showed US spot Ether ETFs recorded combined net outflows of $82.18 million on June 23.

The outflows were driven mainly by BlackRock's ETHA, which lost $86.07 million. BlackRock's staking product ETHB also posted net outflows of $1.53 million, while Grayscale Mini ETH saw $10.27 million leave the fund.

Fidelity's FETH, by contrast, drew $15.69 million of inflows. The remaining products recorded no net flows.

#ETF
Suehyeon Lee

Suehyeon Lee

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