U.S. spot Ether ETFs log $224.1 million outflow on second day of redemptions

  • U.S. spot Ether ETFs recorded about $224.1 million in net outflows on September 16.
  • BlackRock's ETHA posted $110 million in withdrawals, while Fidelity's FETH lost $55.6 million.
  • U.S. spot Ether ETFs recorded $142.3 million in net outflows on the previous day.

U.S. spot Ether exchange-traded funds recorded about $224.1 million in net outflows on September 16, their second consecutive trading day of net redemptions. BlackRock's ETHA led the withdrawals with $110 million, followed by Fidelity's FETH with $55.6 million and BlackRock Staking ETHB with $19.8 million. The outflows followed $142.3 million in net withdrawals the previous day, the largest one-day outflow from the products in eight months. The Ether withdrawals came after U.S. spot Bitcoin ETFs lost $450.4 million on September 15, while Bitcoin fell about 2.5% after the Clarity Act failed to advance in the U.S. Senate.

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