Fidelity Leads $29.4M Ethereum ETF Influx After Three Days of Outflows
U.S. Ethereum ETFs saw net inflows of $29.4 million on September 18, after three consecutive sessions of outflows.
Fidelity's FETH was responsible for $26.2 million of those inflows, with Bitwise's ETHW and VanEck's ETHV bringing in $1.3 million and $1.9 million respectively.
This follows a week where Ethereum funds suffered significant net outflows, with September 15 seeing a $142 million exodus, followed by another $224.1 million on September 16, and $39.3 million on September 17.
The fact that Fidelity was the clear buyer in this session is interesting, as BlackRock's ETHA recorded no net flow after being one of the major sources of outflows earlier in the week.