Ethereum Spot ETF Sees Net Outflow of $465.8 Million…Largest Ever Recorded

Source
Uk Jin

Summary

  • A net outflow of $465.8 million was reported from the Ethereum (ETH) spot ETF.
  • It was noted that this outflow is the largest ever recorded.
  • Major ETFs such as BlackRock ETHA, Fidelity FETH, and Grayscale ETH/ETHE experienced significant outflows.

A large amount of funds flowed out of the Ethereum (ETH) spot Exchange Traded Funds (ETF).

According to trader T on the 4th (local time), the Ethereum spot ETF recorded a total net outflow of $465.8 million that day. This marks the largest net outflow ever.

BlackRock's ETHA saw a net outflow of $375.7 million, followed by Fidelity's FETH (-$55.1 million), Grayscale's ETH (-$28 million), and Grayscale's ETHE (-$7 million).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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