US Ethereum Spot ETFs See $161.2 Million Weekly Net Outflow

According to Farside data, US Ethereum spot ETFs experienced a cumulative net outflow of $161.2 million this week, overshadowing brief inflows recorded on February 13.

ETH

Summary

US Ethereum spot ETFs recorded a cumulative net outflow of $161.2 million for the week, according to Farside monitoring data. This overall negative trend persisted despite a brief recovery on February 13, when the funds posted $10.26 million in net inflows led by Grayscale’s mini ETH trust.

Terms & Concepts
  • Ethereum Spot ETFs: Exchange-traded funds that hold Ethereum directly, allowing investors to track the spot price of the asset.
  • Grayscale’s Mini ETH Trust: A low-fee Ethereum investment product offered by Grayscale, providing cost-effective exposure to the cryptocurrency.
  • Net Inflow: A financial metric indicating that the total capital entering a fund exceeds the capital being withdrawn over a specific period.