US Spot Ether ETFs Post $70.62 Million of Net Outflows

US-listed spot Ether exchange-traded funds returned to net outflows.

Data from SoSoValue showed the 10 US-listed spot Ether ETFs recorded combined net outflows of $70.62 million on July 24.

BlackRock's ETHA posted the largest outflow, with $52.76 million leaving the fund in a day. Fidelity's FETH also saw net outflows of $27.79 million.

Grayscale's smaller Ethereum Trust, ETH, was the only fund to record net inflows, taking in $9.94 million. The other seven ETFs, including Grayscale's main fund ETHE, Bitwise's ETHW and VanEck's ETHV, recorded no inflows or outflows.