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U.S. Spot Ether ETFs Record $55.37 Million in Net Outflows
The funds logged a third consecutive day of net outflows on Oct. 1, while total net assets remained at $17.71 billion.
Mentioned assets
U.S. spot Ether (ETH) exchange-traded funds recorded $55.37 million in net outflows on Oct. 1, marking a third straight day of withdrawals even as the funds held $17.71 billion in net assets.
Fidelity’s FETH led daily outflows with $23.50 million. Grayscale’s Ethereum Mini Trust ETF, ticker ETH, recorded the largest daily inflow among the funds at $1.55 million.
The ETF group’s net assets equaled 5.38% of Ethereum’s total market capitalization. Cumulative net inflows stood at $13.84 billion.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.