Fidelity Fund Leads as Ether ETFs Take In $4.4M on Oct. 23

U.S. spot Ether (ETH) exchange-traded funds recorded a net $4.4 million inflow Oct. 23, led by Fidelity Ethereum Fund (FETH), while their provisional five-session total remained a $220.7 million net outflow.

FETH brought in $3.6 million and MSSE added $0.8 million. None of the 11 funds recorded an outflow; the other nine had no net flow. The daily total adds fund-level detail to the Oct. 23 Bitcoin and Ether ETF tally.

The inflow reversed the prior session’s direction after Ether funds posted a $110.6 million outflow Oct. 22. But withdrawals on Oct. 19, 20 and 22 outweighed inflows on Oct. 21 and 23, leaving the five-session total negative. The Oct. 19-23 comparison with Bitcoin funds also showed the $220.7 million net outflow.

Cumulative net flows since the funds launched stood at $12,748.0 million through Oct. 23. That measure covers the funds’ history, while the five-session figure reflects only trading from Oct. 19 through Oct. 23.