ETH Spot ETF Sees Net Outflows of $2.9 Million on 8th

IconCryptoNewsTerminal Staff08 Aug, 2024

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ETH Spot ETF Sees Net Outflows of $2.9 Million on 8th

ETH Spot ETF Outflows Data from Farside Investors, a financial information platform, shows that there was a net outflow of $2.9 million from US ETH spot ETFs on February 8th (local time). Grayscale and Fidelity Lead Outflows Grayscale ETHE and Fidelity FETH accounted for the majority of the outflows, with $19.8 million and $2.6 million, respectively. Blackrock Bucks Trend In contrast to the outflows from Grayscale and Fidelity, Blackrock ETHA recorded a net inflow of $11.7 million.