Ethereum ETFs Update: Outflows Total $229.95M as BlackRock’s ETHA Lead Losses

Fidelitys FETH experienced an outflow of $51.54 million, resulting in 17.21K ETH being redeemed. The fund has $2.62 billion in net assets, and its market price fell 8.92% to $29.92. The trading volume for FETH was 6.12 million shares.

Mid-Tier Ethereum ETFs Join the Outflow List, Others Hold Steady

Grayscales ETHE ETF also experienced notable outflows, with $38.50 million withdrawn and 12.86K ETH redeemed. ETHE now holds net assets worth $2.67 billion. The market price of ETHE fell 8.92% to $24.52. Its trading volume was 8.45 million shares.

Grayscale‘s ETH ETF, similar to ETHE, had outflows of $11.06 million and 3.69K ETH. The ETF’s cumulative net inflow is $1.61 billion, but the current market price decreased by 8.90%, closing at $28.35. The total net assets for ETH stand at $2.29 billion.

On the other hand, ETHW by Bitwise and ETHV by VanEck Ethereum ETFs also saw outflows, with ETHW recording a net outflow of $31.08 million and ETHV a smaller outflow of $5.47 million. In contrast, EZET (Franklin), TETH (21Shares), and QETH (Invesco) recorded no inflows or outflows, indicating stable trends for those Ethereum ETFs.

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