US spot Ethereum ETFs saw $98.3 million in net outflows, extending negative flow streak | Headlines | News | CoinMarketCap

07/30/2024 12:37
US spot Ethereum ETFs saw $98.3 million in net outflows, extending negative flow streak | Headlines | News | CoinMarketCap

The nine U.S. spot Ethereum exchange-traded funds saw $98.29 million flow out of the products on Monday, extending their negative flow streak to the …

The nine U.S. spot Ethereum exchange-traded funds saw $98.29 million flow out of the products on Monday, extending their negative flow streak to the fourth day.

The Grayscale Ethereum Trust (ETHE) was the only one recording outflows among the ether funds, with $210.04 million in net outflows, according to data from SosoValue. The ETF has experienced hundreds of millions of dollars worth of outflows every day since its debut last Tuesday.

BlackRock’s ETHA led the pack of inflows with $58.17 million in net inflows, followed by Fidelity FETH’s $24.82 million, VanEck ETHV’s $10.91 million and Bitwise ETHW’s $10.45 million in net inflows.

Grayscale Ethereum Mini Trust also recorded $4.9 million in net inflows, while Franklin’s EZET logged $2.52 million. The two other spot ether ETFs managed …

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