Editor's PiCK
U.S. spot Ethereum ETF posts $164.6 million net outflows the previous day… about 228.7 billion won
Suehyeon Lee
Summary
- It reported that U.S. spot Ethereum (ETH) ETFs experienced large net outflows of $164.6 million the previous day.
- These net outflows occurred for the first time in seven trading days, with funds leaving major products such as Fidelity FETH and Grayscale ETHE.
- It said that the other products showed no significant net flows.
U.S. spot Ethereum (ETH) exchange-traded funds (ETF) recorded net outflows of more than $100 million the previous day.
On the 30th (local time), according to TraderT, U.S. spot Ethereum ETFs saw total net outflows of $164.6 million (about 228.7 billion won) the previous day. This marks a return to net outflows after seven trading days.
On that day, Fidelity FETH had net outflows of $51 million, Bitwise ETHW $23.7 million, Grayscale ETHE $28.6 million, and Grayscale Mini ETH $61.3 million. The other products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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