U.S. Spot Ethereum ETFs Record $38.2M in Net Outflows Amid Mixed Trends

Quick Summary:

U.S.spot Ethereum ETFs witnessed significant movement last week, with a total net outflow of $38.2 million, as reported by SoSoValue data.

While Bitwise’s ETHW ETF saw the largest outflow of $56.11 million, Fidelity’s FETH ETF counterbalanced the trend by recording the largest inflow of $38.42 million.

Investors should monitor ETF trends as they provide insights into institutional and retail sentiment toward Ethereum.

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Article Details

Author / Journalist: Keshav Aggarwal

Category: Crypto

Markets: India

Topics: Ethereum ETF U.S. spot Ethereum ETFs Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 14:37:05 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24917118

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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