Ethereum spot ETFs post $138 million in net outflows last week; Fidelity's FETH leads with $74.06 million
AI Market Summary
SoSoValue data show Ethereum spot ETFs saw $138 million of net outflows over Sept 28–Oct 2, signaling near-term weakening of institutional demand. Fidelity's FETH led with a $74.06 million outflow, while Grayscale's ETHE lost $27.89 million. Although cumulative flows remain sizable (FETH still net positive, ETHE deeply net negative), the weekly redemptions can tighten liquidity and weigh on ETH risk appetite.
Impact level
● Medium
Affected assets
ETH/USDT+0.31%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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PANews, Oct. 5 — Data from SoSoValue show that during the most recent trading week (Sept. 28 to Oct. 2, Eastern Time), Ethereum spot ETFs recorded net outflows of $138 million. Fidelity's FETH saw the largest weekly net outflow at $74.06 million, bringing its cumulative historical net inflows to $2.35 billion. Grayscale's Ethereum Trust (ETHE) ranked second with weekly net outflows of $27.89 million; its cumulative historical net outflows have reached $5.44 billion.
