PANews, May 14: According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $36.30 million yesterday (May 13, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow was BlackRock’s ETHA, which saw a net outflow of $21.10 million; ETHA’s cumulative net inflow to date stands at $11.876 billion. Second was Fidelity’s FETH, with a single-day net outflow of $14.04 million; FETH’s cumulative net inflow to date is $2.202 billion.
Ethereum spot ETFs recorded a $36.3 million net outflow on May 13, marking the third consecutive day of outflows.
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Summary
On May 13 (EDT), Ethereum spot ETFs experienced a net outflow of $36.30 million, marking the third consecutive day of outflows, according to SoSoValue. BlackRock’s ETHA led with a $21.10 million outflow, followed by Fidelity’s FETH at $14.04 million. This comes amid shifting investor sentiment toward spot Bitcoin ETFs and risk-on assets.
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