Ethereum Spot ETFs Experience $129 Million Net Outflows on February 12
After a day of net inflows, Ethereum spot ETFs saw a significant reversal with $129 million in outflows, led by major withdrawals from Fidelity and BlackRock’s Ethereum funds.
BTC
ETH
Summary
On February 12, Ethereum spot ETFs saw $129 million in net outflows, with Fidelity’s FETH leading the withdrawals at $67.09 million, followed by BlackRock’s ETHA at $29.44 million. Total assets in Ethereum ETFs stand at $11.273 billion. This follows a positive day of $13.82 million net inflows on February 11, indicating volatility in institutional sentiment across Ethereum and Bitcoin markets.
Terms & Concepts
- Ethereum Spot ETF: An exchange-traded fund that directly holds Ethereum, giving investors price exposure without needing to own the cryptocurrency.
- Assets Under Management (AUM): The total market value of assets managed by a financial institution or fund.
- Staking Rate: The percentage of a cryptocurrency’s circulating supply that is locked and earning rewards by participating in network validation.