U.S. Ether ETFs see $55.37M outflows on Oct 1, third day of withdrawals despite $17.71B assets.
U.S. spot Ether (ETH) exchange-traded funds experienced net outflows totaling $55.37 million on October 1, marking the third consecutive day of withdrawals. Despite these outflows, the funds still held $17.71 billion in net assets. Fidelity’s FETH led the outflows with $23.50 million withdrawn, while Grayscale’s Ethereum Mini Trust ETF recorded the largest daily inflow of $1.55 million. The total net assets of these ETFs represent 5.38% of Ethereum’s overall market capitalization, with cumulative net inflows amounting to $13.84 billion, indicating ongoing investor interest in Ether-related funds despite short-term withdrawals.
U.S. spot Ether (ETH) exchange-traded funds experienced net outflows totaling $55.37 million on October 1, marking the third consecutive day of withdrawals. Despite these outflows, the funds still held $17.71 billion in net assets. Fidelity’s FETH led the outflows with $23.50 million withdrawn, while Grayscale’s Ethereum Mini Trust ETF recorded the largest daily inflow of $1.55 million. The total net assets of these ETFs represent 5.38% of Ethereum’s overall market capitalization, with cumulative net inflows amounting to $13.84 billion, indicating ongoing investor interest in Ether-related funds despite short-term withdrawals.
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