CDS Crypto News Ether ETFs Report Zero Flows: Bitcoin ETF Inflows Surge to $235.2 Million While ETH ETFs Report Stagnation
Crypto News

Ether ETFs Report Zero Flows: Bitcoin ETF Inflows Surge to $235.2 Million While ETH ETFs Report Stagnation

304
Ether Etfs Report Zero Flows Bitcoin Etf Inflows Surge To $235.2 Million While Eth Etfs Report Stagnation

Ether ETFs Report Zero Flows: ETH ETFs Struggle for Attention as Bitcoin ETFs Experience Major Inflows

Ether Etfs Report Zero Flows: Eth Etfs Struggle For Attention As Bitcoin Etfs Experience Major Inflows

For just the second time since their launch in July, Ether ETFs in the United States experienced zero flows on Monday, according to data compiled by SoSoValue. In contrast, Bitcoin ETF inflows reached a net value of $235.2 million, the highest level since September 27. BlackRock’s fund (IBIT) brought in $97.9 million, while Fidelity’s product (FBTC) brought in $103.7 million.

Comparison of Ether and Bitcoin ETFs: One Struggles While the Other Thrives

Conversely, there were no flows observed in any direction for the nine Ether ETFs. This happened just once before, on August 30. The numbers highlight the disparate success stories of ETH and BTC products in the United States. Since going public in January, Bitcoin ETFs have attracted inflows of around $18.75 billion, but since their ether equivalents were available in July, they have lost $500 million.

For more up-to-date crypto news, you can follow Crypto Data Space.

Ether Etfs Report Zero Flows: Bitcoin Etf Inflows Surge To $235.2 Million While Eth Etfs Report Stagnation 257439
Written by
lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Samson Mow Predicts BTC Supremacy: Altcoins Can’t Compete!

For more information on Samson Mow predicts BTC supremacy, please visit CDS.

XRP ETF Could Trigger a Bull Run: Experts Say Price Surge Is ‘Inevitable’

For more information on how an XRP ETF could trigger a bull...

Ethereum Crash Incoming: Peter Brandt’s Chart Spooks Investors

For more information on the current price movements while the Ethereum crash...

Novo Nordisk Shares Plunge After Eli Lilly’s Weight-Loss Drug Surprise!

For more information on Novo Nordisk shares plunge, please visit CDS.

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.