The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest daily record among US-based spot Ether ETFs, excluding Grayscale.
Read moreSpot Ethereum ETFs record longest outflow streak amid drying investments
Spot Ether ETFs in the US face significant outflows, unlike Bitcoin ETFs, which continue to attract investments.
Read moreUS Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.
Read moreGrayscale ETHE outflows continue as Ethereum ETF shows mixed trends
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE.
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2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower
Read moreSpot Ethereum ETFs post $113M of outflows on second day of launch
The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust.
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