PiCK
US Ethereum Spot ETF Records Net Outflow of $36.22 Million... Second Consecutive Trading Day
Suehyeon Lee
Summary
- U.S. Ethereum spot ETFs experienced large net outflows for the second consecutive trading day.
- Fidelity's FETH ETF saw a net outflow of $25.88 million, while BlackRock's ETHA ETF had a net outflow of $10.44 million.
- The report indicated that there were no net inflows or outflows from the remaining Ethereum-related products.
Over $30 million in net outflows occurred from U.S. Ethereum (ETH) spot ETFs.
According to TraderT on the 7th (local time), U.S. Ethereum spot ETFs experienced a net outflow of $36.32 million (approximately 52.5 billion won) the previous day. This marks the second consecutive trading day of net outflows.
On this day, Fidelity's FETH alone saw $25.88 million in funds withdrawn, while BlackRock's ETHA had a net outflow of $10.44 million. The remaining products had no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
