US spot Ethereum ETFs saw $33.6 million in net inflows, ending negative flow streak | Headlines | News | CoinMarketCap

07/31/2024 13:01
US spot Ethereum ETFs saw $33.6 million in net inflows, ending negative flow streak | Headlines | News | CoinMarketCap

The nine U.S. spot Ethereum exchange-traded funds saw net inflows of $33.67 million on Tuesday, ending a four-day streak of negative flows. The …

The nine U.S. spot Ethereum exchange-traded funds saw net inflows of $33.67 million on Tuesday, ending a four-day streak of negative flows.

The Grayscale Ethereum Trust (ETHE) was the only spot ether ETF to log negative flows, with $120.28 million in net outflows, according to data from SosoValue. The ETF has experienced outflows every day since its debut on July 23.

That was offset by inflows led by BlackRock’s ETHA, which recorded $117.98 million in net inflows. Fidelity’s FETH saw $16.36 million flow into the fund, while the Grayscale Ethereum Mini Trust recorded $12.36 million in net inflows.

Franklin’s EZET also reported net inflows of $3.73 million, and Bitwise’s ETHW logged $3.52 million in net inflows. The three other spot ether ETFs saw zero flows.

The total daily trading …

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