Summary
- The US Ethereum spot ETF has reported a $14.9 million outflow after 7 trading days.
- Notably, $22.3 million was withdrawn from Grayscale ETHE, while $7.3 million and $3.1 million were inflows into Fidelity FETH and another Grayscale investment product, respectively.
- As a result, the investment flow of Ethereum ETF is showing volatility.
The US Ethereum (ETH) spot Exchange-Traded Fund (ETF) has turned to an outflow after 7 trading days.
According to the financial information platform Farside Investor on the 24th, $14.9 million (approximately 21.5 billion KRW) was withdrawn from the US Ethereum spot ETF on the previous day (23rd). This marks the first outflow in 7 trading days.
Specifically, $22.3 million was withdrawn from Grayscale ETHE. Meanwhile, $7.3 million flowed into Fidelity FETH, and $3.1 million into Grayscale ETH Minitrust.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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