Investment outflows from the Fidelity Ethereum Fund (FETH) exceeded $25 million on Oct. 1, marking a new all-time high in daily outflows among all other United States-based spot Ether exchange-traded funds (ETFs), excluding the Grayscale Ethereum Trust (ETHE). On Oct. 1, the spot Ether (ETH) ETFs saw cumulative outflows of $48.6 million across nine issuers. FETH, ETHE and the Bitwise Ethereum ETF (ETHW) contributed $25 million, $26.6 million and $0.9 million in outflows, respectively. The only ETH ETFs to record positive inflows were 21Shares’ Core Ethereum ETF (CETH) and the VanEck Ethereum E…