US Ethereum ETF Sees $16 Million Outflow the Previous Day…3 Consecutive Trading Days
JOON HYOUNG LEE
Summary
- It was reported that funds have been flowing out of the US Ethereum Spot ETF for three consecutive trading days.
- In particular, Fidelity FETH saw a net outflow of $19.3 million, while Grayscale ETH experienced a net inflow of $3.2 million.
- There were no separate net inflows or outflows in the other ETFs.
The US Ethereum (ETH) spot Exchange Traded Fund (ETF) has recorded outflows for three consecutive trading days.
According to Faside Investor on the 9th (local time), the US Ethereum ETF recorded a net outflow of $16.1 million (approximately 23 billion KRW) the previous day (8th). This marks three consecutive trading days of net outflows.
Specifically, $19.3 million was withdrawn from Fidelity FETH. On the other hand, Grayscale ETH saw a net inflow of $3.2 million. There were no net inflows or outflows in the other ETFs.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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