Editor's PiCK

US Ethereum Spot ETF Records $41.81 Million Net Outflow on Previous Day...7 Trading Days in a Row

Source
Suehyeon Lee

Summary

  • US Ethereum spot ETF recorded net outflows for 7 consecutive trading days.
  • Major ETFs BlackRock ETHA and Grayscale ETHE reported outflows of $30.15 million and $11.66 million respectively.
  • Other ETF products reported no net inflows or outflows.
Photo=TraderT
Photo=TraderT

The fund outflow trend from US Ethereum (ETH) spot ETFs continues unabated.

According to TraderT on the 1st (local time), Ethereum spot ETFs recorded a net outflow of $41.81 million (approximately 61.1 billion won) on the previous day. This marks the 7th consecutive trading day of net outflows.

On this day, BlackRock's ETHA alone saw a net outflow of $30.15 million, while Grayscale's ETHE experienced a net outflow of $11.66 million. The remaining products had no net inflows or outflows.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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