US Ethereum Spot ETF Sees $11.7 Million Outflow Yesterday… Worth 17 Billion KRW

Source
Suehyeon Lee

Summary

  • Farside Investor reported that there was a net outflow of $11.7 million from the US Ethereum Spot ETF.
  • BlackRock ETHA recorded a net outflow of $12.9 million, while Grayscale ETHE showed a net inflow of $10.2 million.
  • The 11 consecutive trading days of net outflows suggest a need to watch the investment direction of the Ethereum Spot ETF.
Photo=Farside Investor Capture
Photo=Farside Investor Capture

The US Ethereum (ETH) spot ETF recorded an outflow of over $10 million yesterday, continuing the trend of outflows.

According to Farside Investor on the 20th (local time), the US Ethereum spot ETF saw a net outflow of $11.7 million (approximately 17 billion KRW) yesterday. This marks the 11th consecutive trading day of net outflows.

On this day, BlackRock ETHA alone saw a net outflow of $12.9 million, Fidelity FETH recorded a $2 million outflow, and Grayscale Mini ETH had a $7.7 million outflow. On the other hand, Grayscale ETHE saw a net inflow of $10.2 million, and 21Shares CETH recorded a $700,000 inflow. The other products had no net inflow or outflow.

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Suehyeon Lee

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