US Spot Ethereum ETFs Face $4.95 Million in Daily Outflows

BlackRock’s ETHA dominated the movement, reporting $4.53 million in net outflows and 2,720 ETH leaving the fund. Despite this, ETHA remains the largest player in the space, holding $4.75 billion in net assets. Its shares traded at $12.57, a 1.02% decrease, though it maintained the highest daily volume among peers with 28.21 million shares traded.

Fidelity’s FETH followed with a more modest exit of $415,230, representing 249.04 ETH. The fund holds $799.31 million in net assets and saw its price dip by 1.01% to $16.58. Across the rest of the sector, liquidity remained stagnant; Grayscale’s ETH and ETHE, alongside smaller funds like ETHB, ETHW, and EZET, reported zero daily flow changes. These funds, however, were not immune to the broader market trend, with price declines ranging from 0.86% to 1.08%. Industry-wide, net assets for the group now stand at $9.16 billion, accounting for 4.56% of Ethereum’s total market capitalization.