August 2 marked notable movements in US-based spot Ethereum exchange-traded funds (ETFs), particularly with significant withdrawals from the Grayscale Ethereum Trust (ETHE) totaling over $2.1 billion. According to SoSoValue, net outflows from spot Ethereum ETFs exceeded $54 million that day, with ETHE alone experiencing exits of more than $61 million. “ETFs like the Fidelity Ethereum Fund (FETH) observed inflows over $6 million, boosting its total to $297 million,” noted analysts. ...
