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Ethereum ETFs Add $29.4M in Net Inflows on September 18

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U.S. Ethereum ETFs recorded $29.4 million in net inflows on September 18, after three consecutive sessions of net outflows.

Fidelity's FETH was responsible for $26.2 million of that figure, while Bitwise's ETHW added $1.3 million and VanEck's ETHV brought in $1.9 million.

The rebound on Friday was smaller than the one seen in Bitcoin funds, but still a welcome change after several difficult sessions.

Ethereum funds had been under pressure heading into Friday, with September 15 producing a $142 million net outflow, followed by another $224.1 million leaving the funds on September 16 and $39.3 million more in redemptions on September 17.

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