U.S. Spot Ether ETFs See $14.98 Million Inflow as Grayscale, Fidelity Offset BlackRock Outflows
Summary
- Combined net inflows into U.S. spot Ether (ETH) ETFs were tallied at $14.98 million.
- Money flowed into Grayscale Ethereum Mini Trust and Fidelity's FETH, while BlackRock's ETHA posted $29.3 million in net outflows.
- The funds remain in $1.07 billion of net outflows for the month, but have recorded $699.6 million of net inflows for the year.
Forecast Trend Report by Period
U.S. spot Ether exchange-traded funds recorded about $15 million in net inflows, as gains in Grayscale and Fidelity more than offset outflows from BlackRock.
According to Trader T, U.S. spot Ether ETFs posted combined net inflows of $14.98 million on October 21.
Grayscale Ethereum Mini Trust drew $28.07 million, while Fidelity's FETH took in $13.03 million. Morgan Stanley's MSSE, Franklin Templeton's EZET and Bitwise's ETHW also recorded inflows of $1.34 million, $940,000 and $890,000, respectively.
BlackRock's ETHA, by contrast, posted net outflows of $29.3 million. The remaining products saw no net inflows or outflows.
Month to date, the funds have logged cumulative net outflows of $1.07 billion. For the year, they have recorded cumulative net inflows of $699.6 million.
