US Spot Ether ETFs See $14.6 Million Net Outflow, Snapping Four-Day Inflow Streak
Suehyeon Lee
Summary
- US spot Ether (ETH) ETFs posted total net outflows of $14.6 million, ending a four-trading-day inflow streak.
- BlackRock's ETHA saw $23.8 million in outflows, while Fidelity's FETH lost $3.3 million, leading the overall net outflow.
- BlackRock's ETHB drew $3.9 million in net inflows, while Grayscale Mini ETH added $8.6 million. The remaining products recorded no net flows.
US spot Ether exchange-traded funds shifted to net outflows.
Trader T data showed on August 11 that US spot Ether ETFs posted combined net outflows of $14.6 million a day earlier. The move ended a four-trading-day streak of net inflows.
BlackRock's ETHA led the outflows with $23.8 million, while Fidelity's FETH recorded $3.3 million in withdrawals.
BlackRock's ETHB, by contrast, drew $3.9 million in net inflows, and Grayscale Mini ETH added $8.6 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.