ETH Spot ETF Sees $39.24M Net Outflow for Third Consecutive Day

On May 17 (local time), U.S. Ethereum spot ETFs saw approximately $39.24 million (543 billion KRW) in net outflows according to data from Pairside Investors and SoSoValue.

This marks the third consecutive day of net outflows, with BlackRock's ETHA recording a $42.86 million outflow, while Fidelity's FETH saw a $183,000 inflow and VanEck's ETHV recorded a $179,000 inflow.