PiCK
U.S. spot Ethereum ETF records $17.94 million net outflow the previous day…BlackRock sole net inflow
Suehyeon Lee
Summary
- It reported a net outflow of $17.94 million from U.S. spot Ethereum (ETH) ETFs on the previous day.
- Only BlackRock's ETHA saw a net inflow of $111.66 million, making it the sole fund to receive inflows.
- Fidelity's FETH and Grayscale's ETHE and Grayscale Mini ETH each recorded significant net outflows.
The U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) saw a net outflow of more than $17 million on the previous day.
According to TraderT on the 23rd (local time), the total net outflow from U.S. spot Ethereum ETFs the previous day amounted to $17.94 million (about 25.7 billion won). After turning to net inflows for a day, the funds returned to an outflow trend.
On that day, only BlackRock's ETHA recorded a net inflow, bringing in $111.66 million. Conversely, Fidelity's FETH saw a net outflow of $49.5 million, Grayscale's ETHE a net outflow of $33.5 million, and Grayscale Mini ETH a net outflow of $46.6 million. The remaining products had no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
