Spot Ethereum ETFs Lose $39M
On Thursday, investors withdrew $39.21 million from US spot Ethereum exchange-traded funds, breaking their three-day streak of positive cash flow.
According to data from SosoValue, only one ETF, the Grayscale Ethereum Trust (ETHE), experienced outflows of $42.52 million.
The second-largest ether ETF, the Grayscale Ethereum Mini Trust (ETH), did not report any flows on Thursday, after seeing net inflows of $2.26 million the previous day. Fidelity’s FETH recorded $2.54 million in net inflows, while BlackRock’s ETHA saw $770,350 enter the fund.
The other ETFs did not report any flows. The total daily trading volume for all nine ETFs was $240.58 million on Thursday, a significant increase from $155.91 million on Wednesday and $190.76 million on Tuesday.
