U.S.-based Ethereum (ETH) spot exchange-traded funds (ETFs) have seen a significant outflow of funds, with $862 million being withdrawn over the last two trading days. As reported by Passiv, a platform that collates financial data and news, Ethereum spot ETFs experienced outflows totaling $75.1 million (KRW 108.8 billion) on December 20 (local time). This outflow extended over two consecutive trading days. BlackRock's ETHA ETF notably recorded the most significant outflows, amounting to $103 million. Conversely, Fidelity's FETH and Grayscale's ETH ETFs exhibited inflows of $13 million and $8.1 million, respectively. These recent outflows from U.S. Ethereum spot ETFs underscore the ongoing uncertainty and volatility within the cryptocurrency market. It remains to be seen whether this trend will continue in the coming weeks and months.
U.S. Ethereum Spot ETFs Face Outflows Exceeding $860 Million
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