US Spot Ether ETFs See $1.7 Million of Net Outflows for Second Straight Session
Suehyeon Lee
Summary
- US spot Ether (ETH) ETFs extended their run of net outflows, with total net withdrawals of $1.7 million.
- Fidelity’s FETH posted $2.3 million in net outflows, marking a second straight trading session of net redemptions.
- BlackRock’s ETHA recorded $600,000 in net inflows, partially offsetting the outflows, while the remaining products saw no net flows.
Forecast Trend Report by Period
US spot Ether exchange-traded funds logged net outflows for a second straight trading session.
Farside Investors data showed US spot Ether ETFs posted combined net outflows of $1.7 million on August 11.
Fidelity’s FETH led the withdrawals with $2.3 million in net outflows. BlackRock’s ETHA drew $600,000 of net inflows, partially offsetting the losses. The other products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.