U.S. Ethereum Spot ETF Records $341 Million Net Outflow in First Week Despite Mixed Fund Performances
In the first week of its listing, the U.S. Ethereum spot ETF experienced a net outflow of $341 million, despite significant inflows into individual funds. BlackRock ETHA, Fidelity FETH, Bitwise ETHW, and Grayscale $ETH (Mini Trust) all reported net inflows, totaling $442 million, $219 million, $265 million, and $164 million respectively. However, Grayscale ETHE saw a substantial net outflow of $1.513 billion, which heavily influenced the overall net outflow figure for the ETF.
U.S. Ethereum Spot ETF Records $341 Million Net Outflow in First Week Despite Mixed Fund Performances
In the first week of its listing, the U.S. Ethereum spot ETF experienced a net outflow of $341 million, despite significant inflows into individual funds. BlackRock ETHA, Fidelity FETH, Bitwise ETHW, and Grayscale ETH (Mini Trust) all reported net inflows, totaling $442 million, $219 million, $265 million, and $164 million respectively. However, Grayscale ETHE saw a substantial net outflow of $1.513 billion, which heavily influenced the overall net outflow figure for the ETF.
