US Spot Ether ETFs Log $55.4 Million in Daily Net Outflows, Led by Fidelity and Grayscale

U.S. spot Ether exchange-traded funds recorded net outflows of $55.4 million in one day.

Trader T data for Oct. 1 showed U.S. spot Ether ETFs posted total net outflows of $55.4 million.

By product, Fidelity's FETH posted the largest net outflow at $23.5 million. Grayscale's ETHE also recorded net outflows of $20.4 million. VanEck's ETHV saw $6.9 million in net outflows, while Franklin's EZET posted $6.1 million.

By contrast, Grayscale Mini ETH recorded net inflows of $1.5 million. BlackRock's ETHA, staking-focused ETHB, Bitwise's ETHW, Morgan Stanley's MSSE, 21Shares' TETH and Invesco's QETH recorded no net inflows or outflows.

Meanwhile, U.S. spot Ether ETFs posted total net inflows of $831.5 million in September. Year-to-date net inflows stood at $1.71 billion.