Fidelity’s FETH and Grayscale’s ETHE Drive $48.6M in Outflows Across U.S. Ether ETFs
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). According to data from Farside Investors, total outflows for Ether ETFs across nine issuers amounted to $48.6 million, with ...