Editor's PiCK

U.S. Ethereum spot ETF sees $152.3 million net outflow the previous day, turning negative after 21 trading days

Source
Suehyeon Lee

Summary

  • It was reported that the U.S. Ethereum (ETH) spot ETFs recorded a large net outflow of $152.3 million the previous day.
  • This marked the end of 21 consecutive trading days of net inflows, making it the third-largest outflow in history.
  • Net outflows were recorded across multiple ETF products, but BlackRock ETHA saw no change.
Image=Farside Investors
Image=Farside Investors

The U.S. Ethereum (ETH) spot exchange-traded funds (ETFs) ended their streak of sustained net inflows, witnessing a net outflow of more than $100 million the previous day.

According to Farside Investors on the 2nd (local time), U.S. Ethereum spot ETFs recorded a net outflow of $152.3 million (about ₩211.6 billion) the previous day. This marks the first net outflow in 21 trading days, making it the third-largest outflow on record.

On this day, Grayscale Mini ETH posted a net outflow of $47.7 million and Bitwise ETHW saw $40.3 million in net outflows. In addition, Fidelity FETH had $6.2 million, 21Shares CETH $1.9 million, VanEck ETHV $5.2 million, Invesco QETH $8.4 million, and Franklin Templeton EZET $5.4 million in net outflows. In contrast, BlackRock ETHA had no net inflow or outflow for the day.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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