U.S. Spot Ethereum ETFs Post $17.91 Million Net Outflow on May 29
Late-May U.S. spot crypto ETF data showed Ethereum outflows on May 29 and across May 26-29, while Hyperliquid-related ETFs attracted strong inflows despite broader withdrawals from major crypto funds.
U.S. spot Ethereum ETFs recorded a net outflow of $17.91 million on May 29, with Fidelity’s FETH posting the largest inflow at $10.53 million and BlackRock’s ETHA the largest outflow at $40.72 million. The older report said total net assets across U.S. spot Ethereum ETFs stood at $11.27 billion and cumulative net inflows at $11.37 billion. A broader late-May market update also reported that U.S. spot Ethereum ETFs saw $241 million in net outflows from May 26-29, alongside $1.42 billion in Bitcoin ETF outflows, while Hyperliquid-related ETFs drew about $26 million over the same period. Separate Hyperliquid reports cited $25.57 million in weekly inflows for May 25-29 and a record $29.6 million single-day inflow, with cumulative inflows reported inconsistently at $110 million and $136 million.
- Spot Ethereum ETF: An exchange-traded fund that holds Ethereum directly, giving investors market exposure without requiring them to custody the cryptocurrency themselves.
- Net outflow: The amount of money withdrawn from a fund after subtracting new inflows over a specific period.
- ETF: An exchange-traded fund, a market-listed investment product that lets investors gain exposure to an asset without directly holding it.