US Ethereum Spot ETF Sees $224.1M Outflow for Second Consecutive Day

U.S. Ethereum (ETH) spot exchange-traded funds (ETFs) have continued to see net outflows for two consecutive days, with over $200 million in funds leaving the products within a single day.

Data from Pathside Investors on July 17 (local time) showed that the daily net outflow for U.S. Ethereum spot ETFs totaled $224.1 million (309.4 billion won).

BlackRock's ETHA saw the largest outflow at $11 million, followed by Fidelity's FETH with $5.56 million and BlackRock's staking Ethereum ETF ETHB with $1.98 million.

VanEck's ETHV recorded $1.4 million in outflows, Grayscale's ETHE saw $1.39 million, and 21Shares' TETH had $1.08 million in outflows. Other products showed no net inflows or outflows.