Editor's PiCK
US Ethereum Spot ETF sees $38.8 million outflow yesterday, marking three consecutive trading days
Suehyeon Lee
Summary
- It was reported that $38.8 million was withdrawn from the US Ethereum spot ETF.
- It was stated that $36 million and $2.3 million were withdrawn from Fidelity and Grayscale, respectively.
- On the other hand, BlackRock ETHA saw a net inflow of $6.4 million.
The US Ethereum (ETH) spot Exchange Traded Fund (ETF) saw a net outflow of over $30 million yesterday.
According to Farside Investor on the 11th (local time), the US Ethereum spot ETF recorded a net outflow of $38.8 million (approximately 56.2 billion KRW) yesterday. This marks three consecutive trading days of net outflows.
On this day, $36 million and $2.3 million were withdrawn from Fidelity FETH and Grayscale ETHE, respectively. Additionally, $2.5 million and $4.4 million were withdrawn from Bitwise ETHW and VanEck ETHV, respectively. On the other hand, BlackRock ETHA saw a net inflow of $6.4 million. The remaining products had no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
