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US Spot Ether ETFs See $70.62 Million in Net Outflows

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Forecast Trend Report by Period

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Photo: SoSoValue
Photo: SoSoValue

US spot Ether exchange-traded funds returned to net outflows.

The 10 US-listed spot Ether ETFs posted combined net outflows of $70.62 million on July 24, according to SoSoValue.

BlackRock's ETHA led the withdrawals, with $52.76 million leaving the fund in a single day. Fidelity's FETH also recorded net outflows of $27.79 million.

Grayscale's smaller Ethereum Trust, ETH, was the only fund to post net inflows, taking in $9.94 million. The remaining seven ETFs, including Grayscale's main fund ETHE, Bitwise's ETHW and VanEck's ETHV, saw no flows.

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