Ether Spot ETFs Experience $358 Million in Outflows Over 11 Days

1 min

Spot ether ETFs in the U.S. experienced their 11th consecutive day of net outflows, losing $358.1 million as ether's price dropped nearly 7%. Key points include:

BlackRock’s iShares Ethereum Trust ETF (ETHA) had $12.9 million in outflows, totaling $137.6 million over the period.
Fidelity’s FETH and Grayscale’s ETHE also contributed to the overall outflow.
Current holdings in spot ether ETFs are valued at approximately $7 billion.
Despite recent outflows, these ETFs have a cumulative net inflow of $2.45 billion since July.
The price of ether decreased from around $2,150 on March 8 to approximately $1,990, representing a 40% loss year-to-date.

In contrast, U.S. bitcoin ETFs reported inflows for four consecutive days, with a total net inflow of $35.8 billion since January last year.