U.S. spot ETH ETFs see $422M in outflows, second-largest since launch

U.S. spot Ethereum (ETH) ETFs posted $422.29 million in net outflows on Aug. 19, according to data from Trader T on X, marking the second-largest daily withdrawal since their launch. Fidelity’s FETH led the redemptions with $156.32 million, followed by Grayscale’s ETHE ($122.05 million) and Grayscale’s Mini ($88.53 million). Bitwise’s ETHW saw $39.8 million in outflows, while smaller withdrawals hit Franklin’s EZET ($6.29 million), BlackRock’s ETHA ($6.27 million) and VanEck’s ETHV ($3.03 million). 21Shares’ CETH reported no flows, and data for Invesco’s QETH was not available.