US Spot Ether ETFs See $48.07 Million Outflow, Ending 12-Day No-Outflow Streak
Summary
- US spot Ether (ETH) ETFs posted net outflows of $48.07 million, ending a 12-trading-day streak without a net withdrawal.
- BlackRock ETHA, Fidelity FETH, and Grayscale ETHE recorded net outflows of $53.35 million, $26.17 million, and $23.49 million, respectively.
- By contrast, BlackRock's staked Ether ETF ETHB drew $52.91 million in net inflows, while 21Shares TETH added $2.03 million, partly offsetting the outflows.
Forecast Trend Report by Period
US spot Ether exchange-traded funds recorded net outflows of more than $48 million, snapping a 12-trading-day streak without net withdrawals.
Trader T data showed US spot Ether ETFs posted combined net outflows of $48.07 million on Sept. 2. The group had recorded net inflows of $10.95 million in the previous session.
BlackRock's ETHA posted the largest net outflow at $53.35 million. Fidelity's FETH and Grayscale's ETHE also logged net outflows of $26.17 million and $23.49 million, respectively.
By contrast, BlackRock's staked Ether ETF, ETHB, drew net inflows of $52.91 million, offsetting part of the broader withdrawals. 21Shares' TETH also brought in $2.03 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.