Ethereum ETFs recorded a net outflow of $40.9 million on an all-outflow day.
The Ethereum ETFs are plagued with low investor activity, recording a double-digit figure for the second time.
Ethereum ETFs on 11 February recorded a single inflow into its Blackrock, ETHA fund.
Yesterday, a similar case occurred with the nine Ethereum ETFs, which recorded transactions in only two of their funds, all outflows.
Farside Investors UK revealed that Grayscale’s ETHE led the outflows for the day, losing $30.2 million.
Fidelity’s FETH recorded the remaining outflow for the day, losing $10.7 million.
The remaining seven ETF products recorded no transactions, continuing the disturbing trend of very low investor activity in the Ethereum ETF funds.
At the time of the report, Ethereum was trading for $2,641, surging by 1.8% in the last 24 hours.
The SEC has yet to approve Ethereum ETF options. On February 7, 2025, the SEC extended its review period for these ETF options until April 9, 2025, meaning a final decision is still pending.
This extension reflects ongoing regulatory caution as the SEC scrutinizes the structure and compliance of Ethereum-based derivatives.
Proposals from firms such as Bitwise, Grayscale, and BlackRock remain under review as the SEC seeks to ensure that approved products adequately address investor protection and market integrity concerns.
