U.S. Ethereum spot ETFs, $444.51 million net outflows…second-largest outflow on record

Suehyeon Lee

Summary

It reported that U.S. Ethereum (ETH) spot ETFs had net outflows of $444.51 million on the previous day.
This was the fifth consecutive trading day of net outflows and the second-largest outflow on record.
In particular, it reported that major ETFs saw large withdrawals, including $307.67 million leaving BlackRock ETHA.

U.S. Ethereum (ETH) spot exchange-traded funds (ETFs) recorded net outflows of more than $400 million on the previous day.

On the 6th (local time), according to TraderT, the total net outflow from U.S. Ethereum spot ETFs on the previous day was $444.51 million (about 617.6 billion won). This marked the fifth consecutive trading day of net outflows and the second-largest outflow on record.

On that day, $307.67 million was withdrawn from BlackRock ETHA alone. In addition, $37.77 million was withdrawn from Fidelity FETH, $51.77 million from Grayscale ETHE, $32.62 million from Grayscale Mini ETH, and $14.68 million from 21Shares TETH. There were no net inflows or outflows for the remaining products.

ETH