Ethereum spot ETFs see $15.4 million net outflow on July 13; Fidelity's FETH accounts for the full pullback
AI Market Summary
Ethereum spot ETFs saw a $15.4M net outflow on July 13, entirely driven by Fidelity's FETH. While cumulative inflows remain substantial and total ETH ETF NAV stands near $9.46B, the day's redemption flow signals near-term softening in institutional demand and can weigh on ETH sentiment and liquidity conditions around ETF-related hedging activity.
Impact level
● Medium
Affected assets
ETH/USDT+0.24%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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Ethereum spot ETFs posted net redemptions of $15.4092 million on July 13 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily. Fidelity's FETH recorded the largest single-day outflow at $15.4092 million, bringing its cumulative historical net inflow to $2.134 billion.
As of publication, Ethereum spot ETFs held total net assets of $9.458 billion. The category's net asset ratio—ETF market value as a share of Ethereum's total market cap—stood at 4.43%, while cumulative net inflows since launch reached $10.958 billion.
