Editor's PiCK
U.S. spot Ethereum ETF posts $243.94M net outflow the previous day…fifth-largest on record
Suehyeon Lee
Summary
- U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) recorded a $243.94 million net outflow the previous day.
- This was a fifth consecutive trading day of net outflows, and the fifth-largest amount since launch.
- Notably, large capital outflows occurred from BlackRock's ETHA and Fidelity's FETH.
U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) registered the fifth-largest net capital outflow since launch on the previous day.
On the 27th (local time), according to Trader T, U.S. Ethereum ETFs recorded a net outflow of $243.94 million (about 340 billion won) the previous day. This marks the fifth consecutive trading day of net outflows and the fifth-largest amount since launch.
On that day, $195.51 million flowed out of BlackRock's ETHA, and Fidelity's FETH also saw a net outflow of $74.39 million. By contrast, Grayscale's ETHE had a net inflow of $17.91 million, and 21Shares' TETH saw a net inflow of $8.05 million. The remaining products had no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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