Ethereum ETFs See $39M Outflow, Bitcoin ETFs Gain $11M
On Thursday, U.S. spot Ethereum ETFs saw a $39.21 million outflow, ending a three-day streak of positive inflows.
The Grayscale Ethereum Trust (ETHE) experienced the largest outflow of $42.52 million. It was the only Ethereum ETF to report a decrease in assets that day, according to Farside data .
Meanwhile, the Grayscale Ethereum Mini Trust saw no movement, having had modest inflows of $2.26 million the previous day. Fidelity’s FETH saw $2.54 million in inflows, and BlackRock’s ETHA received $770,350. Other Ethereum ETFs reported no changes.
The total trading volume for Ethereum ETFs reached $240.58 million, an increase from the previous days.
READ MORE:
Ethereum May Be Nearing a Bottom Against Bitcoin, Analyst SuggestsOn the flip side, spot Bitcoin ETFs in the U.S. had a positive day with $11.11 million in inflows, reversing the previous day’s outflows of $81.36 million.
BlackRock’s IBIT saw no new flows, following inflows on the two preceding days. Grayscale’s GBTC was the only Bitcoin ETF to see outflows, with $25.03 million exiting. Fidelity’s FBTC led with $16.25 million in inflows, followed by Grayscale Mini Trust and Bitwise’s BITB with $13.66 million and $6.23 million, respectively.
Bitcoin ETF trading volume hit $1.79 billion, up from $1.3 billion the day before.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Paxos to Launch Products on Arbitrum One
Prediction market interest fuels launch of PancakeSwap Telegram bot
STRK and Mpeppe (MPEPE) Outperform Ethereum As Investors Confidence in ETH Suffers
![](https://img.bitgetimg.com/multiLang/image/social/73993808e531497b24e93b70683829001726057797575.jpg?fit=460,314)
STRK Bulls Tap Into New Casino Coin Mpeppe (MPEPE) Whilst Ethereum (ETH) Continues To Dip
![](https://img.bitgetimg.com/multiLang/image/social/d17f7153f74e3246d2a7234cf36acfce1726057796704.jpg?fit=460,299)