Editor's PiCK

U.S. Ethereum spot ETF posts $72.4 million net outflow the previous day… three consecutive trading days

Source
Suehyeon Lee

Summary

  • U.S. Ethereum (ETH) spot ETFs recorded a net outflow of $72.4 million.
  • Paside Investor reported that Ethereum ETFs recorded three consecutive trading days of net outflows.
  • Specifically, BlackRock ETHA and Fidelity FETH saw $38.6 million and $27.1 million withdrawn, respectively.
photo=Paside Investor
photo=Paside Investor

U.S. Ethereum(ETH) spot exchange-traded funds (ETF) recorded a net outflow of more than $70 million on the previous day.

On the 1st (local time), according to Paside Investor, U.S. Ethereum spot ETFs saw a net outflow of $72.4 million (about 103.5 billion won) on the previous day. This is the third consecutive trading day of net outflows.

On that day, BlackRock ETHA alone saw $38.6 million withdrawn, and Fidelity FETH also experienced a net outflow of $27.1 million. In addition, Bitwise ETHW had a net outflow of $6.7 million, while the other products had no net flows.

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Suehyeon Lee

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