Ethereum Spot ETFs See $39.24M Outflow for Third Consecutive Day

Ethereum spot ETFs saw a net outflow of $39.24 million (approximately 54.2 billion KRW) on September 17, marking the third consecutive day of outflows. SoSoValue reported that on September 17, Fidelity's FETH and VanEck's ETHV each recorded net inflows of $1.83 million (about 25 billion KRW) and $1.79 million (around 25 billion KRW), respectively. Meanwhile, BlackRock's ETHA saw a net outflow of $42.86 million (approximately 59.2 billion KRW).

SoSoValue also reported cumulative net inflows for Ethereum spot ETFs at $1.316 billion (about 18.1 trillion KRW) and total assets under management at $1.5416 billion (roughly 21.29 trillion KRW). The ETF assets now represent 5.15% of Ethereum's total market capitalization.