Ether Spot ETFs Reverse Course with $2.8 Million Net Outflow
Spot Ether exchange-traded funds (ETFs) saw a reversal of fortunes on September 29, posting net outflows of $2.8 million.
This marked the end of a seven-day streak of net inflows for these ETFs, according to Farside Investors data.
Grayscale's ETH product bucked the trend with net inflows of $12.8 million, while BlackRock's ETHA and Fidelity's FETH recorded net outflows of $8.9 million and $6.7 million respectively.