US Ethereum Spot ETF Turns to Net Inflow in One Day... $22.11 Million

Doohyun Hwang

Summary

It was reported that the US Ethereum Spot ETF recorded a net inflow of $22.11 million in just one day.
Fidelity's 'FETH' attracted $13.5667 million, securing the most funds.
Currently, Ethereum is trading at around $2,480 on the Binance Tether (USDT) market, down 4.2% from the previous day.

The US Ethereum (ETH) spot exchange-traded fund (ETF) has turned back to net inflow in just one day.

According to Sosovalue data on the 16th (local time), the Ethereum spot ETF traded in the US saw a net inflow of $22.11 million in one day.

The product that attracted the most funds was Fidelity's 'FETH', with a total inflow of $13.5667 million. Since its launch, FETH's cumulative net inflow has reached $1.407 billion. Grayscale's 'Ethereum Mini Trust ETF (ETH)' followed with an inflow of $8.552 million. No net inflow or outflow occurred in other products.

Meanwhile, Ethereum is trading at around $2,480 on the Binance Tether (USDT) market, down 4.2% from the previous day.

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