The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest daily record among US-based spot Ether ETFs, excluding Grayscale.
Investment outflows from the Fidelity Ethereum Fund (FETH) exceeded $25 million on Oct. 1, marking a new all-time high in daily outflows among all other United States-based spot Ether exchange-traded funds (ETFs), excluding the Grayscale Ethereum Trust (ETHE).
On Oct. 1, the spot Ether (ETH) ETFs saw cumulative outflows of $48.6 million across nine issuers. FETH, ETHE and the Bitwise Ethereum ETF (ETHW) contributed $25 million, $26.6 million and $0.9 million in outflows, respectively.
Source: Farside Investors
