PANews, October 29: According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $21.41 million yesterday (Eastern Time, October 28). The Ethereum spot ETF with the highest single-day net inflow was Fidelity’s FETH, which saw a net inflow of $18.78 million yesterday; FETH’s cumulative net inflow to date stands at $2.424 billion. Second was Grayscale’s Ethereum Mini Trust ETF (ETH), with a daily net inflow of $3.62 million; ETH’s cumulative net inflow to date is $2.036 billion.
Ethereum Spot ETFs Record $21.41M Net Outflow on October 28
PANewsShare
Summary
Ethereum spot ETFs experienced $21.41 million in net outflows on October 28, marking their third consecutive day of withdrawals. Fidelity’s FETH received $18.78 million, bringing its total to $2.424 billion. Grayscale’s ETH Mini-Trust ETF added $3.62 million, with a cumulative total of $2.036 billion. Spot Bitcoin ETFs remain a key focus for investors shifting toward risk-on assets.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.