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353d 2h ago

Ethereum Spot ETF Faces $68.5 Million Outflow Amid BlackRock and Fidelity Reports

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Ethereum Spot ETF Faces $68.5 Million Outflow Amid BlackRock and Fidelity Reports

On January 11th, **COINOTAG News** reported a **remarkable shift** in the **US Ethereum spot ETF** market, as per the **Farside Investors** monitoring data. Notably, a substantial **net outflow** of **$68.5 million** was recorded, indicating growing caution among investors. The **BlackRock ETHA** fund experienced no withdrawals, while the **Fidelity FETH** saw considerable outflows amounting to **-$65.4 million**. Additionally, the **Bitwise ETHW** fund reported a decline of **-$3.1 million**. This development suggests potential volatility in the Ethereum sector, emphasizing the need for investors to remain vigilant and informed. As the cryptocurrency landscape evolves, keeping abreast of such financial shifts is imperative for strategic asset allocation and risk management within digital asset portfolios.

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