US Spot Ethereum ETFs See $11.9 Million in Net Outflows, Ending Three-Day Inflow Run
Suehyeon Lee
Summary
- US spot Ethereum (ETH) ETFs posted total net outflows of $11.9 million.
- BlackRock's ETHA, Grayscale's ETHE, and Fidelity's FETH recorded net outflows of $9 million, $7.8 million, and $900,000, respectively.
- By contrast, Bitwise's ETHB posted $5.8 million in net inflows, while the remaining products recorded no net flows.
Forecast Trend Report by Period
US spot Ethereum exchange-traded funds reverted to net outflows.
Farside Investors data showed on August 4 that US spot Ethereum ETFs posted combined net outflows of $11.9 million a day earlier, ending a three-trading-day inflow streak.
BlackRock's ETHA recorded $9 million in net outflows, while Grayscale's ETHE saw $7.8 million leave the fund. Fidelity's FETH also posted net outflows of $900,000.
By contrast, Bitwise's ETHB drew $5.8 million in net inflows. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.