TREE NEWS reports: Ethereum spot ETFs recorded a net outflow of $24.29 million on Sept 8 (EST). Fidelity’s FETH led inflows with $9.89 million, bringing its total net inflow to $2.29 billion. Grayscale Ethereum Mini Trust ETF ETH saw the largest outflow at $24.61 million, with total net inflows of $1.90 billion.
Ethereum Spot ETFs See $24.29M Net Outflow; Fidelity FETH Leads Inflows
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AI take
The divergence between Fidelity's FETH and Grayscale's Mini Trust highlights persistent investor preference shifts within Ethereum spot ETFs, even as the overall category faces net outflows. This suggests capital is rotating rather than exiting entirely, which may reflect differing fee structures or brand trust. The open question is whether outflows from Grayscale's product will stabilize or continue to pressure the sector's aggregate flows in the coming sessions.
Generated by AI for reference only.
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