US Ethereum Spot ETF Outflows Reach $446 Million

Recent data from Farside Investors reveals a notable net outflow of $446 million from U.S. Ethereum spot exchange-traded funds (ETFs). Notably, BlackRock’s ETHA ETF saw a decline of $309.9 million, Fidelity’s FETH experienced a reduction of $37.8 million, 21Shares’ TETH witnessed a drop of $14.7 million, Grayscale’s ETHE lost $51.8 million, and Grayscale’s Mini ETH recorded a decline of $32.6 million.