US Ethereum Spot ETFs See $75.21 Million Single-Day Outflow Led by BlackRock’s ETHA
Ethereum spot ETFs recorded $65.6 million net withdrawals from Dec. 1–5, with Fidelity’s FETH seeing the highest inflows and BlackRock’s ETHA experiencing the largest capital exit.
ETH
Summary
From Dec. 1–5, U.S. Ethereum spot ETFs registered $65.59 million in net outflows. Fidelity’s FETH led with $35.50 million in inflows, while BlackRock’s ETHA saw $55.87 million in outflows. Aggregate assets under management reached $18.94 billion, with total historical net inflows amounting to $12.88 billion.
Terms & Concepts
- Ethereum Spot ETF: An exchange-traded fund that directly holds Ethereum, allowing investors exposure to the cryptocurrency's price without owning it outright.
- Net Outflow: The total amount of capital withdrawn from a fund over a specific period, calculated as withdrawals minus deposits.