PANews, May 19: According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $86.3066 million yesterday (May 18, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow was BlackRock’s ETHA, which saw a net outflow of $55.3989 million; ETHA’s cumulative net inflow to date stands at $11.757 billion. Second was Fidelity’s FETH, with a single-day net outflow of $14.6979 million; FETH’s cumulative net inflow to date is $2.183 billion.
Ethereum spot ETFs recorded an $86.3 million net outflow on May 18, marking the sixth consecutive day of outflows.
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Summary
Ethereum spot ETFs experienced a net outflow of $86.3066 million on May 18, marking the sixth consecutive day of withdrawals. BlackRock's ETHA led with $55.3989 million in outflows, followed by Fidelity's FETH with $14.6979 million. Meanwhile, the CFT framework continues to influence regulatory oversight of digital assets, including the spot Bitcoin ETF applications currently under review.
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