Ethereum Spot ETF sees outflow of $86.8 million, marking the 5th largest outflow in history
Uk Jin
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Summary
- The outflow of the Ethereum Spot ETF was recorded at $86.8 million.
- This is the 5th largest outflow in history, according to Farside Investor and Trader T.
- Major products include Fidelity FETH with $67.6 million, and Grayscale with outflows of $11.2 million and $8 million respectively.
Ethereum (ETH) Spot Exchange Traded Fund (ETF) recorded an outflow.
On the 7th (local time), according to Farside Investor and Trader T, the Ethereum Spot ETF saw a total outflow of $86.8 million. This marks the 5th largest outflow in the history of Ethereum Spot ETFs.
The outflow occurred across three products. Fidelity FETH shed $67.6 million, followed by Grayscale ETH (-$11.2 million) and Grayscale ETHE (-$8 million).
