Ethereum Sees $164.6M Net Outflow from US Spot ETFs on Aug 30 — Fidelity and Grayscale Lead Withdrawals

COINOTAG reported on August 30 that, per Farside Investors monitoring, the US Ethereum spot ETF complex posted a combined net outflow of $164.6 million on the prior trading day. Reported flows show BlackRock ETHA: $0; Fidelity FETH: -$51.0 million; Bitwise ETHW: -$23.7 million; Grayscale ETHE: -$28.6 million; and Grayscale Ethereum Trust: -$61.3 million. These flow figures serve as liquidity and demand indicators for the ETF market and, taken alone, do not constitute evidence of changes to underlying Ethereum network fundamentals.

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Source: https://en.coinotag.com/breakingnews/ethereum-sees-164-6m-net-outflow-from-us-spot-etfs-on-aug-30-fidelity-and-grayscale-lead-withdrawals/