US spot Ethereum ETFs experienced net outflows of $152.3 million yesterday, marking the third consecutive day of outflows since the funds began trading.
The only ETF to record outflows was the Grayscale Ethereum Trust (ETHE), which recorded a total of $346.22 million in outflows, according to data from SosoValue.
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Despite this, the significant outflows were offset by inflows from the other funds. BlackRock's ETHA had the largest inflow with $70.93 million, followed by Grayscale’s Ethereum Mini Trust with $58.09 million, Fidelity's FETH with $34.32 million and Bitwise's ETHW with $16.34 million.
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In addition, VanEck's ETHV and Invesco's QETH also recorded inflows of $8 million and $6.24 million, respectively. However, the other two spot Ether ETFs managed by Franklin and 21Shares recorded no flows on Thursday.