Big Win for Ethereum: $4.9 Million Inflows into Spot ETFs

Big Win for Ethereum: Ethereum ETFs See a $4.9 Million Surge; Grayscale’s ETHE Breaks 14-Day Outflow Pattern

Big Win for Ethereum– On Monday, U.S. spot Ethereum ETFs saw $4.9 million in new investments, marking a turnaround after a period of negative flows. The Grayscale Ethereum Trust (ETHE) notably recorded zero flows for the first time since its conversion into an ETF, ending a 14-day streak of outflows.

Data from SosoValue revealed that, following three consecutive days of negative flows, the net inflows into the nine ether ETFs reversed direction. While Grayscale’s ETHE experienced a pause in outflows, VanEck’s ETHV was the sole ETF with negative flows, totaling $2.92 million. This was the first time ETHV reported outflows since July 23.

Fidelity’s FETH saw $3.98 million in inflows, Bitwise’s ETHW attracted $2.86 million, and Franklin’s EZET added about $1.01 million in inflows. Overall, the total daily trading volume for these spot ether ETFs surged to $286 million, up from $166.9 million on Friday.

Trending

Piyasa Dalgalanması 138 Milyon Dolarlık Likiditeye Sebep Oldu

Spot Bitcoin ETFs See Significant Inflows Despite Some Funds Experiencing Outflows

On Monday, U.S. spot bitcoin ETFs saw substantial net inflows totaling $27.87 million. Among the top performers, Ark and 21Shares’ ARKB led with $35.4 million in net inflows. BlackRock’s IBIT followed with $13.45 million, while Grayscale’s BTC saw an increase of $7.85 million.

However, not all funds shared in the positive trend. Bitwise’s BITB and Grayscale’s GBTC both faced outflows, with $17.06 million and $11.77 million, respectively, exiting these funds.