US Spot Ether ETFs See $59.58 Million in Net Outflows for Second Straight Trading Day
Suehyeon Lee
Summary
- US spot Ether (ETH) ETFs continued to see net outflows.
- As of Oct. 1, total net outflows from US spot Ether ETFs reached $59.58 million in the previous session.
- Fidelity's FETH, Grayscale's Ethereum Mini Trust, and ETHE each recorded net outflows.
Forecast Trend Report by Period
US spot Ether exchange-traded funds extended their run of net outflows.
Trader T data released on Oct. 1 showed US spot Ether ETFs posted combined net outflows of $59.58 million in the previous session. It was the second straight trading day of net withdrawals.
Fidelity's FETH led the outflows with $26.6 million. Grayscale's Ethereum Mini Trust recorded net outflows of $25.48 million, while ETHE posted $7.5 million in net withdrawals. The remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.