US Ethereum Spot ETF Records $8.9M Net Outflow

Doohyun Hwang

Summary

U.S. Ethereum spot ETF recorded $8.9M net outflow for two consecutive days.
Only Bitwise ETHW recorded net outflows while other ETFs showed no changes.
Ethereum price dropped 2.2% on the Binance Tether market.

U.S. Ethereum (ETH) spot ETFs experienced net outflows for two consecutive trading days.

According to data from Farside Investors on the 21st (local time), Ethereum spot ETFs traded in the United States recorded a total net outflow of $8.9 million.

Only Bitwise ETHW recorded net outflows, while other ETFs showed no net inflows or outflows. On this day, Ethereum was trading at around $2,690 on the Binance USDT market, down 2.2% compared to the previous day.

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