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U.S. Spot Ethereum ETFs Turn to Net Inflows, Add $4.35 Million

Source
Doohyun Hwang

Summary

  • U.S. spot Ethereum ETFs switched to net inflows of $4.35 million after posting net outflows of $110.5 million a day earlier.
  • SoSoValue data showed U.S. spot Ethereum ETFs recorded net inflows of $4.35 million.
  • By product, Fidelity's FETH posted net inflows of $3.58 million, while Morgan Stanley's MSSE saw net inflows of $773,440.

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Photo: Shutterstock
Photo: Shutterstock

U.S. spot Ethereum exchange-traded funds returned to net inflows after one day.

SoSoValue data for Oct. 23 showed U.S. spot Ethereum ETFs recorded net inflows of $4.35 million. The funds posted net outflows of $110.5 million a day earlier.

By product, Fidelity's FETH led with $3.58 million in net inflows. Morgan Stanley's MSSE also recorded net inflows of $773,440. BlackRock's ETHA and ETHB, as well as Grayscale's ETH and ETHE, posted zero net inflows.

#Ethereum ETF
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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