Ethereum Spot ETFs Record $135 Million Outflow as Bitcoin ETFs Gain $332 Million

Ethereum Spot ETFs Record $135 Million Outflow as Bitcoin ETFs Gain $332 Million

Farside Investors data shows Ethereum funds faced significant withdrawals, while Bitcoin ETFs, led by BlackRock and Fidelity, attracted strong inflows on September 3.

BTC
ETH

Summary

Farside Investors reported that Ethereum spot ETFs experienced a net outflow of $135 million on September 3, with Fidelity recording $99.2 million in withdrawals and BlackRock’s ETHA remaining unchanged. In contrast, Bitcoin spot ETFs posted $332 million in net inflows, supported by BlackRock’s $72.9 million and Fidelity’s $132.7 million contributions.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as Bitcoin or Ethereum, instead of derivatives.
  • Net Inflow/Outflow: The difference between the total capital entering and leaving an investment fund over a specific period.
  • Ethereum Spot ETF: An investment fund designed to provide direct exposure to Ethereum by holding the cryptocurrency itself.