Fidelity’s FETH and Grayscale’s ETHE Drive $48.6M in Outflows Across U.S. Ether ETFs

CoinMarketCap10-02

The Fidelity Ethereum Fund (FETH) saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust (ETHE). ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFidelity’s FETH and Grayscale’s ETHE Drive $48.6M in Outflows Across U.S. Ether ETFs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-02 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66fd4f651a90c30e912e49fd/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fidelity Ethereum Fund (FETH) saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust (ETHE). ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66fd4f651a90c30e912e49fd/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTCO","symbol_name":"Invesco Galaxy Bitcoin ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66fd4f651a90c30e912e49fd/","article_id":"2472293085","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/d6ca0464a41e4e7181fb523b6abc53a3.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472293085","pubTimestamp":1727876963,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The Fidelity Ethereum Fund  saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust .According to data from Farside Investors, total outflows for Ether ETFs across nine issuers amounted to $48.6 million, with FETH, ETHE, and the Bitwise Ethereum ETF  recording outflows of $25 million, $26.6 million, and $0.9 million, respectively.Grayscale’s Ethereum Trust  continues to experience consistent daily outflows. Over the past three months, Grayscale has seen outflows nearing $3 billion, while other companies have maintained steady inflows. As a result, total investments in U.S. spot Ether ETFs have dropped by $572 million.Fidelity’s FETH remains the second-largest Ether ETF with total investments at $453.5 million, while BlackRock’s iShares Ethereum Trust  leads the market, holding over $1.14 billion as of October 1.The post Fidelity’s FETH and Grayscale’s ETHE Drive $48.6M in Outflows Acro","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTCO":"Invesco Galaxy Bitcoin ETF","ETHV":"Vaneck Ethereum ETF","BTCW":"WisdomTree Bitcoin Fund","ETHW":"Bitwise Ethereum ETF","HODL":"VanEck Bitcoin Trust ETF","GBTC":"Grayscale Bitcoin Trust","FBTC":"Fidelity Wise Origin Bitcoin Fund","DEFI":"Hashdex Bitcoin ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","CETH":"21Shares Core Ethereum ETF","BITB":"Bitwise Bitcoin ETF","IBIT":"iShares Bitcoin Trust","BK4588":"碎股","ETH":"Grayscale Ethereum Mini Trust","BITO":"ProShares Bitcoin ETF","BK4550":"红杉资本持仓","ARKB":"ARK 21Shares Bitcoin ETF","ETHA":"iShares Ethereum Trust ETF","FDN":"First Trust Dow Jones Internet I","EZBC":"Franklin Bitcoin ETF","QETH":"Invesco Galaxy Ethereum ETF","FETH":"Fidelity Ethereum Fund","ETHE":"Grayscale Ethereum Trust","EZET":"Franklin Ethereum Etf","BRRR":"Valkyrie Bitcoin Fund"},"translate_title":"富达的FETH和Grayscale的ETHE推动美国以太ETF流出4860万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GBTC":1,"FETH":1,"FBTC":1,"ETHW":1,"ETHV":1,"ETHE":1,"ETHA":1,"CETH":1,"ETH":1,"ARKB":1,"QETH":0.9,"FDN":0.9,"EZET":0.9,"IBIT":0.7,"DEFI":0.6,"BTCW":0.6,"BTCO":0.6,"EZBC":0.6,"BRRR":0.6,"HODL":0.6,"BITO":0.6,"BITB":0.6},"content_text":"The Fidelity Ethereum Fund (FETH) saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust (ETHE). \n\nAccording to data from Farside Investors, total outflows for Ether ETFs across nine issuers amounted to $48.6 million, with FETH, ETHE, and the Bitwise Ethereum ETF (ETHW) recording outflows of $25 million, $26.6 million, and $0.9 million, respectively.\n\nEthereum ETF Flow (US$ million) – 2024-10-01\nTOTAL NET FLOW: -48.6\nETHA: 0 FETH: -25 ETHW: -0.9 CETH: 1.2 ETHV: 2.7 QETH: 0 EZET: 0 ETHE: -26.6 ETH: 0\nFor all the data & disclaimers visit:https://t.co/FppgUwAthD\n— Farside Investors (@FarsideUK) October 2, 2024\n\nThe report also revealed that only two ETH ETFs managed to attract new captial: 21Shares’ Core Ethereum ETF (CETH) and the VanEck Ethereum ETF (ETHV), which gained $1.2 million and $2.7 million, respectively. The other ETFs showed minimal or no significant changes in inflows.\nGrayscale’s Ethereum Trust (ETHE) continues to experience consistent daily outflows. Over the past three months, Grayscale has seen outflows nearing $3 billion, while other companies have maintained steady inflows. As a result, total investments in U.S. spot Ether ETFs have dropped by $572 million.\nFidelity’s FETH remains the second-largest Ether ETF with total investments at $453.5 million, while BlackRock’s iShares Ethereum Trust (ETHA) leads the market, holding over $1.14 billion as of October 1.\nMeanwhile, the Bitcoin ETF market experienced a sharp decline, with outflows totaling $242.6 million on October 1, marking the largest decrease in nearly a month. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led with an outflow of $144.7 million, followed by ARK 21Shares Bitcoin ETF (ARKB), which saw an outflow of $84.3 million.\nIn April 2024, just three months after the launch of U.S. spot Bitcoin ETFs, Fidelity’s FBTC had amassed over 150,000 BTC in its portfolio, amounting to more than $10.1 billion in assets under management. This positioned FBTC as the third-largest spot Bitcoin ETF in the U.S., trailing BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s converted Bitcoin Trust (GBTC).\nIf you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.\n“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”\nThe post Fidelity’s FETH and Grayscale’s ETHE Drive $48.6M in Outflows Across U.S. Ether ETFs appeared first on DeFi Planet.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2472293085"}