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U.S. Spot Ether ETFs See $14.98 Million Inflow as Grayscale, Fidelity Offset BlackRock Outflows

Source
YM Lee

Summary

  • Combined net inflows into U.S. spot Ether ETFs were tallied at $14.98 million.
  • Inflows into the Grayscale Ethereum Mini Trust and Fidelity FETH offset $29.3 million in net outflows from BlackRock ETHA.
  • The funds remain in net outflow territory for the month at $1.07 billion, but have logged net inflows of $699.6 million for the year.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

U.S. spot Ether exchange-traded funds posted net inflows of $14.98 million, as inflows into Grayscale and Fidelity more than offset outflows from BlackRock.

Trader T data for October 21 showed combined net inflows of $14.98 million across U.S. spot Ether ETFs.

Grayscale Ethereum Mini Trust drew $28.07 million, while Fidelity's FETH took in $13.03 million. Morgan Stanley's MSSE, Franklin Templeton's EZET and Bitwise's ETHW also recorded inflows of $1.34 million, $940,000 and $890,000, respectively.

BlackRock's ETHA, by contrast, posted net outflows of $29.3 million. The remaining products recorded no net flows.

For the month, the funds remain in net outflow territory with cumulative outflows of $1.07 billion. For the year, they have posted cumulative net inflows of $699.6 million.

#Ethereum ETF
YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE

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