Ethereum Spot ETF sees significant inflows and outflows.
According to PANews, data from SoSoValue show that on August 1, Ethereum spot ETFs saw significant financial swings. The overall net inflow to Ethereum spot ETFs was $26.74 million. Grayscale’s Ethereum Trust ETF (ETHE) experienced a substantial single-day net outflow of $77.95 million, increasing the total historical net outflow to $2.055 billion. In contrast, Grayscale’s Ethereum Mini Trust ETF (ETH) experienced no net outflows for the day, maintaining its historical net inflow of $201 million. The BlackRock ETF ETHA had the biggest single-day net inflow of $89.64 million, with a cumulative net inflow of $713 million. Fidelity’s ETF FETH had a single-day net inflow of
followed with a single-day net inflow of $11.69 million, bringing its historical net inflow to $291 million.
As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $8.716 billion. The net asset ratio of ETFs, compared to Ethereum’s total market value, is 2.29%. The historical cumulative net outflow has reached $456 million.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
X : Cryptomantr