Ethereum ETFs post $29.4 million inflow after three days of outflows

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Ethereum ETFs post $29.4 million inflow after three days of outflows
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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U.S. spot Ethereum ETFs took in $29.4 million in net inflows on September 18, snapping three straight days of outflows, according to Farside Investors. Fidelity's FETH drove most of the gain with $26.2 million, while BlackRock's ETHA recorded no net flow after being one of the major sources of outflows earlier in the week.

U.S. spot Ethereum ETFs added $29.4 million in net inflows on September 18, according to Farside Investors, ending three consecutive sessions of redemptions. Fidelity's FETH brought in $26.2 million of that total.

Three difficult sessions came first

Ethereum funds had been under steady pressure heading into Friday. September 15 produced a $142 million net outflow. Another $224.1 million left the funds on September 16, and September 17 added a further $39.3 million in redemptions.

That means Friday's inflow only recovers a small portion of the money that left earlier in the week. Still, the composition is notable.

Fidelity buys while BlackRock stays flat

Bitwise's ETHW added $1.3 million and VanEck's ETHV brought in $1.9 million. The remaining funds reported no net movement for the session.

Fidelity was the clear buyer, but BlackRock's ETHA recorded no net flow after being one of the major sources of outflows earlier in the week. ETF capital can move differently from crypto's spot market, sometimes reflecting portfolio rebalancing or simply the timing of creations and redemptions.

A rebound, not a reset

Friday's number is a rebound, but not enough to say the week's outflows have been reversed. It does show that demand for ETF exposure to Ethereum hasn't disappeared, since buyers were still willing to put fresh capital into the products after several difficult sessions.

If inflows broaden beyond Fidelity and start showing up across multiple issuers, that would look more like a genuine change in the short-term flow pattern. The ETF market gave Ethereum investors their first positive session after several days of redemptions.

Source: Farside Investors

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