Fidelity Ethereum ETF records largest daily outflows since launch

CoinMarketCap10-02

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 ...

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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 Ethereum ETF records largest daily outflows since launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-02 17:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66fd15f9a6c8e97275cdeba4/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66fd15f9a6c8e97275cdeba4/\">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":"CETH","symbol_name":"21Shares Core Ethereum ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66fd15f9a6c8e97275cdeba4/","article_id":"2472510859","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/c7aa08cb35144733b8af1490e9825ad6.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472510859","pubTimestamp":1727862263,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Investment outflows from the Fidelity Ethereum Fund  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 , excluding the Grayscale Ethereum Trust .On Oct. 1, the spot Ether  ETFs saw cumulative outflows of $48.6 million across nine issuers. FETH, ETHE and the Bitwise Ethereum ETF  contributed $25 million, $26.6 million and $0.9 million in outflows, respectively.The only ETH ETFs to record positive inflows were 21Shares’ Core Ethereum ETF  and the VanEck Ethereum ETF , which brought in $1.2 million and $2.7 million, respectively. The rest reported no change.Grayscale continues to hold the record for daily outflows. Despite Grayscale’s ETHE continuing to hold the record for daily outflows, Fidelity’s milestone underscores the pressure on the ETH ETF market. However, FETH remains the second-highest in total investments, at $453.5 million.BlackRock’s iShares Ethereum Trust  leads in total investm","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CETH":"21Shares Core Ethereum ETF","ETHA":"iShares Ethereum Trust ETF","QETH":"Invesco Galaxy Ethereum ETF","FETH":"Fidelity Ethereum Fund","ETH":"Grayscale Ethereum Mini Trust","ETHW":"Bitwise Ethereum ETF","BK4550":"红杉资本持仓","EZET":"Franklin Ethereum Etf","BK4588":"碎股","BTC":"Grayscale Bitcoin Mini Trust","ETHE":"Grayscale Ethereum Trust","ETHV":"Vaneck Ethereum ETF","ARKB":"ARK 21Shares Bitcoin ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","FBTC":"Fidelity Wise Origin Bitcoin Fund","FDN":"First Trust Dow Jones Internet I"},"translate_title":"富达以太坊ETF创下推出以来最大单日资金流出","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QETH":1,"FETH":1,"FDN":1,"FBTC":1,"EZET":1,"ETHW":1,"ETHV":1,"ETHE":1,"ETHA":1,"ARKB":1,"ETH":1,"CETH":1,"BTC":1},"content_text":"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).\nOn 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.\n\n\nSource: Farside Investors\n\n\nThe only ETH ETFs to record positive inflows were 21Shares’ Core Ethereum ETF (CETH) and the VanEck Ethereum ETF (ETHV), which brought in $1.2 million and $2.7 million, respectively. The rest reported no change.\nGrayscale continues to hold the record for daily outflows\nDespite Grayscale’s ETHE continuing to hold the record for daily outflows, Fidelity’s milestone underscores the pressure on the ETH ETF market. However, FETH remains the second-highest in total investments, at $453.5 million.\nBlackRock’s iShares Ethereum Trust (ETHA) leads in total investments, surpassing $1.14 billion as of Oct. 1.\n\n\nSpot Ether ETF total flow of investments. Source: Farside Investors\n\n\nDespite consistent inflows recorded by other players over the last three months, Grayscale outflows are closing in on the $3 billion mark. As a result, total investments in spot Ether ETFs in the US now show a $572 million deficit.\nRelated: Bitwise files XRP ETF trust registration in Delaware\nBitcoin ETFs mimic Ethereum outflows\nThe spot Bitcoin (BTC) ETF market followed a similar trend, recording aggregate outflows of $242.6 million on Oct. 1. This also marked the largest outflows in almost a month since Sept. 3.\nThe Fidelity Wise Origin Bitcoin Fund (FBTC) recorded the largest outflow at $144.7 million, followed by the ARK 21Shares Bitcoin ETF (ARKB), which saw an $84.3 million outflow.\n\n\nUS spot Bitcoin ETF total flow of investments. Source: Farside Investors\n\n\nSpot prices for Bitcoin dropped nearly $4,000 after Iran’s missile attack on Israel on Oct. 1 but had rebounded to $61,750 at the time of publication.\nMagazine: Advanced AI system is already ‘self-aware’ — ASI Alliance founder","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/2472510859"}