Ethereum exchange-traded funds (ETFs) have recorded fresh net outflows, with SoSo Value reporting that the funds saw outflows of around $3.2 million on October 3.
Leading the losses was Grayscale, which saw outflows of $14.69 million, followed by Fidelity, which saw outflows of $587,090.
Despite the outflows, BlackRock’s Ethereum ETF (ETHA) managed to recoup some of its losses, posting net inflows of $12.08 million. The other six ETH funds remained flat on the day.
As for trading volume, Ethereum ETFs’ daily trading volumes fell to $115.66 million on October 3, down from $197.82 million the day before. Since inception, the funds have seen net outflows of $561.05 million.
