Ethereum spot ETFs, $422.2 million net outflow… fourth-largest on record

Uk Jin

Summary

It reported that $422.2 million was a net outflow from Ethereum spot ETFs.
In particular, BlackRock ETHA alone saw net outflows of $303.8 million.
It also stated that fund outflows occurred across other major ETFs such as Grayscale, Fidelity, and Bitwise.

Large net outflows occurred from Ethereum (ETH) spot exchange-traded funds (ETF).

On the 13th (Korea time), according to TraderT, Ethereum spot ETFs saw net outflows of $422.2 million that day.

BlackRock ETHA alone had net outflows of $303.8 million, followed by Grayscale ETH (-$49.7 million), Grayscale ETHE (-$21.0 million), Fidelity FETH (-$19.1 million), and Bitwise ETHW (-$12.8 million).

ETH