Ethereum ETFs Report $60M Outflows Led by BlackRock ETHA
Ethereum exchange-traded funds registered $60 million in outflows, with BlackRock's ETHA leading the selling pressure.
Ethereum exchange-traded funds experienced $60 million in outflows, according to data reported by Benzinga. The selling activity across the investment products was led by the iShares Ethereum Trust ETF (NASDAQ:ETHA).
Outflows and Fund Activity
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The negative flows highlight a wave of capital exiting spot Ethereum investment vehicles. BlackRock's ETHA recorded the highest volume of selling among the competing funds.
Key facts
- Ethereum ETFs saw $60 million in total outflows
- BlackRock ETHA led the selling pressure
- Data reported by Benzinga
Source: news.google.com
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