PiCK

US Ethereum ETF Sees Net Outflow of $26.4 Million

Doohyun Hwang

Summary

It was reported that the US Ethereum (ETH) ETF saw a net outflow of $26.4 million.
While funds flowed out of Grayscale's ETHE and ETH products, $5.9 million was reported to have flowed into BlackRock's 'ETHA'.
On the same day, the Ethereum price was trading at around $2,430, down 1.4% from the previous day.

Ethereum (ETH) ETFs in the United States experienced a net outflow exceeding $20 million.

According to data from Farside Investors on the 26th (local time), spot Ethereum ETFs traded in the US saw a total net outflow of $26.4 million on this day.

For Grayscale's ETHE and ETH products, there were outflows of $27.4 million and $12.4 million, respectively, while BlackRock's 'ETHA' saw an inflow of $5.9 million.

On the same day, Ethereum was trading at around $2,430 on the Binance Tether (USDT) market, down approximately 1.4% from the previous day.

ETH