US spot Ethereum ETFs see $152 million in net outflows on third day | Headlines | News | CoinMarketCap
07/26/2024 12:16![US spot Ethereum ETFs see $152 million in net outflows on third day | Headlines | News | CoinMarketCap](https://www.tbstat.com/wp/uploads/2024/07/20240724_Ethereum_News_1-800x450.jpg)
The nine U.S. spot Ethereum exchange-traded funds recorded $152.3 million in net outflows on Thursday, their third day of trading, extending the …
The nine U.S. spot Ethereum exchange-traded funds recorded $152.3 million in net outflows on Thursday, their third day of trading, extending the outflows from the previous day.
The Grayscale Ethereum Trust (ETHE) was the only one recording outflows among the ether funds, with $346.22 million in net outflows, according to data from SosoValue.
The significant outflows were offset by the inflows from the rest of the funds. BlackRock’s ETHA led the pack of inflows with $70.93 million in net inflows, followed by Grayscale Ethereum Mini Trust’s $58.09 million, Fidelity FETH’s $34.32 million and Bitwise ETHW’s $16.34 million in net inflows.
VanEck ETHV also recorded $8 million in net inflows, while Invesco’s QETH logged $6.24 million in net inflows. The two other spot ether ETFs managed by …