US Ethereum Spot ETFs Fail to Turn to Net Inflows… Large Outflows from BlackRock

Uk Jin

Summary

Ethereum (ETH) spot exchange-traded funds (ETFs) continued to record net outflows.
BlackRock's ETHA experienced large net outflows of $192.7 million.
Fidelity, Grayscale and other ETFs saw net inflows, but overall net outflows persisted.

Ethereum (ETH) spot exchange-traded funds (ETFs) continued a trend of net outflows.

On the 8th (local time), Trader T reported net outflows of $96.7 million from Ethereum spot ETFs that day.

Fidelity FETH (+$75.2 million), Grayscale EHTE (+$11.3 million), ETH (+$9.6 million) recorded net inflows, while BlackRock ETHA saw net outflows of $192.7 million.

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