U.S. spot Ethereum ETFs: $1.97 million net outflow yesterday… second consecutive trading day

Suehyeon Lee

Summary

U.S. spot Ethereum (ETH) ETFs recorded net outflows for the second consecutive trading day.
It reported net outflows of $29.19 million and $9.67 million from Fidelity's FETH and Bitwise's ETHW, respectively.
Although some products, such as BlackRock's ETHA, saw net inflows, overall there was a net outflow of $1.97 million.

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) recorded a slight net outflow of funds the previous day.

On the 18th (local time), according to TraderT, a total of $1.97 million (about 2.7 billion won) flowed out of U.S. spot Ethereum ETFs the previous day. This is the second consecutive trading day of net outflows.

On the day, BlackRock's ETHA recorded a net inflow of $25.79 million, but Fidelity's FETH had a net outflow of $29.19 million, which pulled down the overall flow. Bitwise's ETHW also recorded a net outflow of $9.67 million.

Meanwhile, Grayscale Mini ETH recorded a net inflow of $6.38 million, Invesco's QETH $2.7 million, and 21Shares' TETH $2.02 million. The remaining products had no net inflows or outflows.

ETH