According to data from financial information platform Farside Investors, on the 11th (local time), there was a net outflow of $500,000 from the US Ethereum spot ETF. The data shows that $1.7 million was withdrawn from VanEck ETHV, while $1.2 million flowed into Fidelity FETH. This is the first outflow from the US ETH spot ETF since its launch on May 18th. The ETF has seen a total of $12 million in inflows since its inception. The outflows could be due to a number of factors, including the recent decline in the price of Ethereum and the upcoming launch of the CME Ethereum futures contract.

#ETF #ETH