U.S. Spot Ether ETFs See $14.98 Million Inflow as Grayscale, Fidelity Offset BlackRock Outflows
U.S. spot Ether exchange-traded funds posted net inflows of $14.98 million, as inflows into Grayscale and Fidelity more than offset outflows from BlackRock.Trader T data for October 21 showed combined net inflows of $14.98 million across U.S. spot Ether ETFs.Grayscale Ethereum Mini Trust drew $28.07 million, while Fidelity's FETH took in $13.03 million. Morgan Stanley's MSSE, Franklin Templeton's EZET and Bitwise's ETHW also recorded inflows of $1.34 million, $940,000 and $890,000, respectively.BlackRock's ETHA, by contrast, posted net outflows of $29.3 million. The remaining products recorded no net flows.For the month, the funds remain in net outflow territory with cumulative outflows of $1.07 billion. For the year, they have posted cumulative net inflows of $699.6 million.