Add as a preferred source on GoogleEther ETFs Post $110.6 Million Outflow One Day After an Inflow
The $14.9 million net inflow on Oct. 21 offset about 3.8% of the prior five sessions’ $388.9 million in withdrawals; seven-session outflows reached $484.6 million.
U.S. spot Ether (ETH) exchange-traded funds swung back to heavy withdrawals on Oct. 22, with $110.6 million in net outflows after a one-day inflow failed to reverse five sessions of losses.
Five consecutive outflow sessions from Oct. 14-20 saw $388.9 million leave the funds. On Oct. 21, they took in $14.9 million, about 3.8% of the earlier withdrawals. Grayscale Ethereum Staking Mini ETF (ETH) and Fidelity’s FETH contributed $28.1 million and $13 million, respectively. BlackRock’s iShares Ethereum Trust ETF (ETHA) lost $29.3 million that day.
On Oct. 22, ETHA recorded $75.5 million in outflows, the largest among the listed funds. BlackRock’s ETHB lost $17.2 million, while Grayscale’s ETHE and Grayscale Ethereum Staking Mini ETF (ETH) posted outflows of $9.6 million and $10.7 million, respectively. FETH added $2.4 million.
Across the seven sessions from Oct. 14-22, net outflows reached $484.6 million, based on rounded daily totals.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.