Ethereum spot ETF saw over $2.3 billion in net outflows yesterday, with BlackRock leading the decline

robot
Abstract generation in progress

【CryptoWorld】Ethereum spot ETF experienced a massive capital withdrawal yesterday, with a single-day net outflow of $238.55 million. Among them, BlackRock’s ETHA product saw the most significant outflow, reaching $100.90 million, showing the weakest performance. Fidelity’s FETH followed closely, with a net outflow of $51.54 million. Bitwise’s ETHW product saw an outflow of $31.08 million, Grayscale’s large fund ETHE experienced an outflow of $38.50 million, and Mini product ETH outflowed $11.06 million. Relatively, VanEck’s ETHV faced less pressure, with a net outflow of only $5.47 million. This concentrated outflow reflects the market’s cautious attitude towards Ethereum’s short-term trend, especially indicating that institutional investors are adjusting their positions.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
MetaLord420vip
· 14h ago
Big institutions are all selling off; I really can't understand the current market situation.
View OriginalReply0
AirdropF5Brovip
· 14h ago
Oh my, Blackstone is leading the run, this is a sign of impending decline.
View OriginalReply0
DuskSurfervip
· 14h ago
Blackstone is all running, this time they're really panicking.
View OriginalReply0
IntrovertMetaversevip
· 14h ago
Big whales are dumping, institutions are fleeing, is Ethereum going to crash?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)