Grayscale's ethereum Trust led the outflows with more than $80 million withdrawn in one day.
Bitwise's ethereum ETF was the only fund with no outflows, gaining more than $1 million.
Share this article
<button class="social-icon share" data-href="https://x.com/intent/tweet?text=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million&url=https%3A%2F%2Fcryptobriefing.com%2Fethereum-etf-outflows-record%2F&via=crypto_briefing” aria-label=”Share on x“>
<button class="social-icon share" data-href="https://www.facebook.com/sharer.php?u=https%3A%2F%2Fcryptobriefing.com%2Fethereum-etf-outflows-record%2F” aria-label=”Share on facebook“>
<button class="social-icon share" data-href="https://telegram.me/share/url?url=https://cryptobriefing.com/ethereum-etf-outflows-record/&text=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million” aria-label=”Share on telegram”>
<button class="social-icon share" data-href="https://www.linkedin.com/shareArticle?mini=true&url=https://cryptobriefing.com/ethereum-etf-outflows-record/&title=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million” aria-label=”Share on linkedin”>
<button class="social-icon share" data-href="https://reddit.com/submit?url=https://cryptobriefing.com/ethereum-etf-outflows-record/&title=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million” aria-label=”Share on reddit”>
More than $79 million was withdrawn from nine U.S. spot ethereum ETFs on Monday, the largest single-day outflow since July 29, according to ethereum-etf-flow-all-data/” target=”_blank” rel=”noopener nofollow noreferrer”>data Tracked by Farside Investors, the Grayscale ethereum Trust, or ETHE, led the redemptions, with investors withdrawing more than $80 million from the fund.
Since its conversion into an ETF, the ETHE fund has seen net outflows of over $2.8 billion. Despite persistent outflows, it remains the largest Ether fund in the world, with around $4.6 billion in assets under management.
Monday’s outflows ended a brief two-day gain for these ETFs. Unlike ETHE, the Bitwise ethereum ETF (ETHW) was the day’s only gainer, as most competing funds reported no flows. Investors bought more than $1 million worth of shares in Bitwise’s ETHW offering.
As of September 23, net purchases of ETHW exceeded $320 million, while its Ether holdings exceeded 97,700, worth approximately $261 million at current prices.
Demand for U.S.-listed ethereum ETFs has been sluggish since their market debut on July 23. BlackRock’s iShares ethereum Trust (ETHA) currently leads net inflows and was the first to reach $1 billion in net capital. It is followed by Fidelity’s ethereum Fund (FETH) and Bitwise’s ETHW.
While ethereum ETFs faced a decline, their bitcoin counterparts enjoyed a third consecutive day of gains, collectively adding $4.5 million, Farside said. btc/” target=”_blank” rel=”noopener nofollow noreferrer”>data sample.
Gains from Fidelity’s bitcoin Fund (FBTC), BlackRock’s iShares bitcoin Trust (IBIT), and Grayscale’s bitcoin Mini Trust (btc) offset substantial outflows from Grayscale’s ethereum Trust.
Share this article
<button class="social-icon share" data-href="https://x.com/intent/tweet?text=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million&url=https%3A%2F%2Fcryptobriefing.com%2Fethereum-etf-outflows-record%2F&via=crypto_briefing” aria-label=”Share on x“>
<button class="social-icon share" data-href="https://www.facebook.com/sharer.php?u=https%3A%2F%2Fcryptobriefing.com%2Fethereum-etf-outflows-record%2F” aria-label=”Share on facebook“>
<button class="social-icon share" data-href="https://telegram.me/share/url?url=https://cryptobriefing.com/ethereum-etf-outflows-record/&text=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million” aria-label=”Share on telegram”>
<button class="social-icon share" data-href="https://www.linkedin.com/shareArticle?mini=true&url=https://cryptobriefing.com/ethereum-etf-outflows-record/&title=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million” aria-label=”Share on linkedin”>
<button class="social-icon share" data-href="https://reddit.com/submit?url=https://cryptobriefing.com/ethereum-etf-outflows-record/&title=US+ethereum+ETFs+see+largest+single-day+loss+since+late+July+as+Grayscale+Trust+sheds+%2480+million” aria-label=”Share on reddit”>
