US Ethereum ETF sees $2.3 million outflow yesterday... Reversal after 5 trading days
JOON HYOUNG LEE
Summary
- The US Ethereum spot ETF recorded a net outflow of $2.3 million after 5 trading days.
- It was reported that Grayscale ETHE and Bitwise ETHW saw net outflows of $7.1 million and $1 million, respectively.
- Conversely, Fidelity FETH saw a net inflow of $5.8 million.
The US Ethereum (ETH) spot Exchange Traded Fund (ETF) has turned to an outflow after 5 trading days.
According to Farside Investor on the 1st (local time), the US Ethereum ETF recorded a net outflow of $2.3 million (approximately 3.3 billion KRW) on the previous day (30th). This marks a reversal to outflow after 5 trading days.
Specifically, Grayscale ETHE and Bitwise ETHW saw net outflows of $7.1 million and $1 million, respectively. On the other hand, Fidelity FETH saw a net inflow of $5.8 million.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[New York Stock Market Briefing] Rebound on bargain hunting in blue chips…Apple jumps 4%](https://media.bloomingbit.io/PROD/news/3710ded9-1248-489c-ae01-8ba047cfb9a2.webp?w=250)
