TechFlow News, May 8: According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net outflow of $103.51 million. Fidelity’s FETH saw the largest outflow at $62.26 million; BlackRock’s ETHA recorded a net outflow of $26.31 million; Grayscale’s ETHE saw a net outflow of $8.38 million; 21Shares’ TETH experienced a net outflow of $2.86 million; and Grayscale’s Mini ETH had a net outflow of $3.7 million. Bitwise, Invesco, Franklin, and VanEck all reported zero net flows for the day.
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