US Ethereum ETF Sees $40 Million Outflow in One Day, Reversing After Three Trading Days
JOON HYOUNG LEE
Summary
- The US Ethereum spot ETF recorded a net outflow of $39.8 million after three trading days.
- The largest outflow occurred from Fidelity FETH, with $31.6 million being withdrawn.
- In contrast, BlackRock ETHA saw a net inflow of $8.4 million.
The US Ethereum (ETH) spot Exchange Traded Fund (ETF) has reversed to an outflow.
According to Farside Investor on the 16th (local time), the US Ethereum ETF recorded a net outflow of $39.8 million (approximately 55 billion KRW) on the previous day (15th). This marks a reversal to outflow after three trading days.
Specifically, Fidelity FETH saw the largest outflow with $31.6 million. Grayscale ETHE also recorded a net outflow of $16.6 million. Meanwhile, BlackRock ETHA saw a net inflow of $8.4 million.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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