Editor's PiCK

U.S. Spot Ethereum ETFs Post $79.4 Million Net Outflow the Previous Day… 3 Consecutive Trading Days

Source
Suehyeon Lee

Summary

  • Reported that U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) experienced net outflows for 3 consecutive trading days.
  • As of the 25th, $79.4 million (about 111.1 billion won) had flowed out.
  • Fidelity FETH and BlackRock ETHA recorded the largest net outflows.
Photo=Paside Investor
Photo=Paside Investor

Fund outflows from U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) continue.

On the 25th (local time), U.S. spot Ethereum ETFs recorded a net outflow of $79.4 million (about 111.1 billion won) the previous day. This marks 3 consecutive trading days of net outflows.

On that day, Fidelity FETH showed the largest net outflow at $33.3 million, followed by BlackRock ETHA with $26.5 million. In addition, Bitwise ETHW had a net outflow of $4.5 million, 21Shares TETH $6.2 million, and Grayscale ETHE $8.9 million. The remaining products had no net inflows or outflows.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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