Ethereum ETFs Suffer $140M Loss as Bitcoin Sees Modest Inflow
Ethereum ETFs in the US lost $140 million over five trading sessions from September 14 to September 18, despite attracting $143.8 million on the last trading day.
The largest outflow was recorded on September 16, totaling $224.11 million, while a net inflow of $143.8 million on September 18 helped partially offset earlier losses.
Among the affected funds, BlackRock's ETHA posted the biggest losses with a $56.05 million outflow, followed by Grayscale's ETHE and Fidelity's FETH with $31.39 million and $25.83 million withdrawals, respectively.
Bitcoin ETFs, on the other hand, recorded a modest inflow of $6.21 million over the same period, with the largest daily inflow of $433.03 million recorded on September 18.