US Ethereum ETFs See $53.04 Million of Net Inflows, Led by BlackRock and Fidelity
YM Lee
Summary
- US Ethereum (ETH) exchange-traded funds (ETFs) recorded net inflows of $53.04 million.
- BlackRock's ETHA drew $32.8 million in net inflows, while Fidelity's FETH added $19.24 million.
- BlackRock's ETHB saw $22.4 million in outflows, marking its largest net outflow since June 29.
Forecast Trend Report by Period
US spot Ethereum exchange-traded funds recorded net inflows of $53.04 million. BlackRock's ETHA led the inflows, while the asset manager's staking product ETHB saw $22.4 million in net outflows.
Trader T wrote in an X post on November 4 that BlackRock's ETHA drew $32.8 million in net inflows, while Fidelity's FETH added $19.24 million.
Grayscale Mini ETH and ETHE also posted inflows of $13.6 million and $9.68 million, respectively. 21Shares' TETH recorded net inflows of $120,000.
By contrast, BlackRock's ETHB logged its largest net outflow since June 29. The remaining products recorded no net inflows or outflows.
YM Lee
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